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29 May 2018

USD/CNY fix projection: 6.3999 - 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 37 pips higher than the previous fix (6.3999 from 6.3962) and 61 pips higher than the previous official spot USD/CNY close of 6.3938. The basket implied change is 71 pips higher than the previous official spot USD/CNY close (6.4009 from 6.3938)."

May 29, 2018

USD/JPY: downside playing out as Tokyo traders come on-line

USD/JPY is trading offered in Tokyo as the risk-off sentiment expands after a quiet session in both the US and London markets. USD/JPY is currently tr
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May 29, 2018

USD/JPY Technical Analysis: Dollar makes a quick retreat to last support

USD/JPY Chart, 1 Hour Current spot rate: 109.20 Relative change: (-0.18%) Trend: Flat to bearish Support 1: 109.12, Friday's last swing low. Su
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