USD/CNY fix model: Projection at 6.8832 - Nomura

Nomura's model projects the fix to be 309 pips lower than the previous fix (6.8832 from 6.9141) and 168 pips lower than the previous official spot USD/CNY close of 6.9000. The basket implied change is 221 pips lower than the previous official spot USD/CNY close (6.8779 from 6.9000), Nomura adds.

Jan 13, 2017

Fed's Yellen Q&A: Fed focus on low unemployment, stable inflation

Fed's Yellen, now answeing a round of Q&A, notes that the Fed focus is on low unemployment, ensuring that the labour market remains strong, while keep

USD/JPY making a hard correction with eyes on 115 handle

Currently, USD/JPY is trading at 114.84, up 0.24% on the day, having posted a daily high at 114.89 and low at 114.55. USD/JPY is picking itself up fr