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10 Apr 2018

USD/CNY fix projection: 6.3089 - Nomura

Analysts at Nomura offered their model's projection for today's USD/CNY fix.

Key Quotes:

"Our model1 projects the fix to be 25 pips lower than the previous fix (6.3089 from 6.3114) and 18 pips lower than the previous official spot USD/CNY close of 6.3107. The basket implied change is 21 pips lower than the previous official spot USD/CNY close (6.3086 from 6.3107)."

Apr 10, 2018

AUD/NZD heading for a new 16-month low at 1.05

The AUD/NZD is keeping on pace with the long-term bear trend, and the pair is knocking lower into 1.0520 after Business Confidence in New Zealand came
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Apr 10, 2018

AUD/JPY: Break above 23.6% Fib remains elusive

AUD/JPY has failed to take out 82.52 (23.6 percent Fibonacci retracement of January - March sell-off) for three straight days, indicating the correcti
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