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Trading news
28 Aug 2017

USD/CNY fix projection: 6.6418 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 161 pips lower than the previous fix (6.6418 from 6.6579) and 227 pips lower than the previous official spot USD/CNY close of 6.6645. The basket implied change is 314 pips lower than the previous official spot USD/CNY close (6.6331 from 6.6645)."

Aug 28, 2017

USD/JPY: looking to test post Yellen/Draghi speech's low, eyes on Aug low below 109.00

Currently, USD/JPY is trading at 109.35, down -0.17% on the day, having posted a daily high at 109.85 and low at 109.11. The US dollar was pressured
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Aug 28, 2017

EUR/JPY - Bearish follow through despite upside break of falling channel

EUR/JPY pair witnessed an upside break of the falling channel pattern only to fade spike to 130.70 levels in the Asian session today. Currently, the c
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