USD/CNY fix model: Projection 225 pips higher to 6.5773 - Nomura

FXStreet (Bali) - Nomura's model projects the fix to be higher by 225 pips from the previous fix (6.5773 from 6.5548) and lower by 24 pips from the previous spot USD/CNY official close (6.5797).

Jan 27, 2016

USD/JPY mixed on transfused sentiment in Tokyo open

USD/JPY opened in Tokyo slightly bid before selling off a hand full of pips while the US was a positive close with a rebound in oil and good earnings, but since then, the oil news has nerved markets again. The price is testing the upside, but failing to convict much through recent highs and capped before the 22nd Jan 118.72 high. The week ahead is all about the BoJ and FOMC.

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Jan 27, 2016

Australia RBA trimmed mean CPI (QoQ) came in at 0.6%, above forecasts (0.5%) in 4Q

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