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4 May 2018

USD/CNY fix projection: 6.3506 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 226 pips lower than the previous fix (6.3506 from 6.3732) and 26 pips lower than the previous official spot USD/CNY close of 6.3532. The basket implied change is 31 pips lower than the previous official spot USD/CNY close (6.3501 from 6.3532)."

May 4, 2018

USD/JPY: in consolidation ahead of nonfarm payrolls; bearish bias?

USD/JPY has started out in what would otherwise be the Tokyo open, (Japan closed for 'Greenery day') 'with a little bid and currently, USD/JPY is trad
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May 4, 2018

NEISR drops UK growth forecast - Telegraph

As noted by the UK's Telegraph, the National Institute of Economic and Social Research has dropped their forecast for 2018's GDP growth within the UK.
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