USD/CNY fix model: Projection at 6.4997 - Nomura

Nomura's model projects the fix to be higher by 160 pips from the previous fix (6.4997 from 6.4837) and higher by 62 pips from the previous spot USD/CNY official close 6.4935. Nomura adds that the basket implied change is higher by 61 pips from the previous spot USD/CNY official close (6.4996 from 6.4935).

Apr 28, 2016

AUD/USD: steady in Asia after strong supply

AUD/USD is currently licking its wounds after yesterday's CPI data and there are few signs that it is about to make a recovery.

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Apr 28, 2016

BOJ preview: What to expect in USDJPY? - Nomura

Nomura summarizes its view on likely USD/JPY reactions to the BOJ announcement today, noting that there are various potential policy options for the BOJ, although they judge the announcement of a negative rate loan programme is likely, without other easing options.

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