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Trading news
4 Jun 2018

USD/CNY fix projection: 6.4191 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 113 pips higher than the previous fix (6.4191 from 6.4078) and 22 pips higher than the previous official spot USD/CNY close of 6.4169. The basket implied change is 25 pips higher than the previous official spot USD/CNY close (6.4194 from 6.4169)."

Jun 4, 2018

US considers increasing naval patrols in the South China Sea - Reuters

As reported by Reuters, The US is weighing its options on ramping up naval patrols of the South China Sea in an attempt to challenge China's ongoing m
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Jun 4, 2018

USD/JPY: yield spread favours a break of the Kijun and 109.80 level

Bulls are targeting a break of the 109.80 level at the start of the week, soaking up the nonfarm payrolls result ahead of the FOMC meeting this week w
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