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14 Aug 2017

USD/CNY fix projection: 6.6562 - Nomura

Analysts at Nomura offered their projections for today's fix in USD/CNY.

Key Quotes:

"Our model1 projects the fix to be 80 pips lower than the previous fix (6.6562 from 6.6642) and 106 pips lower than the previous official spot USD/CNY close of 6.6668. The basket implied change is 130 pips lower than the previous official spot USD/CNY close (6.6538 from 6.6668)."

Aug 14, 2017

Bitcoin sits comfortably above $4000 mark

Over the weekend, Bitcoin [BTC] prices jumped to a record high of $4135, taking the total gains from Wednesday to more than 20%. Note that just a wee
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Aug 14, 2017

AUD/JPY nears 1-hour 100-MA ahead of China data

The bid tone around the AUD/JPY gathered steam in Asia, pushing it above 86.50 [38.2% Fib R of 81.78-89.42] levels and near 1-hour 100-MA level of 86.
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