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16 Nov 2017

USD/CNY fix projection: 6.6315 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 52 pips higher than the previous fix (6.6315 from 6.6263) and 17 pips higher than the previous official spot USD/CNY close of 6.6298. The basket implied change is 19 pips higher than the previous official spot USD/CNY close (6.6317 from 6.6298)."

Nov 16, 2017

AUD/USD rallies on positive Aussie jobs data, despite the headline miss

AUD/USD stabilised after the wage data disappointment yesterday, but could not recover losses overnight and posted a fresh five-month low down at 0.75
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Nov 16, 2017

AUD/JPY cheers drop in Aussie jobless rate, jumps 40 pips

AUD/JPY jumped more than 40 pips to 85.95 after the data released in Australia showed a drop in the unemployment rate. As of writing, the currency pa
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