USD/CNY fix model: Projection at 6.8131- Nomura

Nomura's model1 projects the fix to be 246 pips higher than the previous fix (6.8131 from 6.7885) and 206 pips higher than the previous official spot USD/CNY close of 6.7925. The basket implied change is 369 pips higher than the previous official spot USD/CNY close (6.8294 from 6.7925), Nomura adds.

Nov 11, 2016

Mexican Peso ignores rate hike talk, hovers around record lows

Speculation that the central bank of Mexico could hike rates by 200 basis points is failing to lift the Mexican Peso, leaving it in its most vulnerabl

Unprecedented Iron ore rally continues

Iron ore 62% Fe CFR surged another 4.4% to $74.12 per tonne on Thursday, which is the largest single day gain since October 25. The Nymex iron ore f