USD/CNY fix model: Projection at 6.8477 - Nomura

Nomura''s model projects the fix to be 515 pips lower than the previous fix (6.8477 from 6.8992) and 251 pips lower than the previous official spot USD/CNY close of 6.8728. The basket implied change is 565 pips lower than the previous official spot USD/CNY close (6.8163 from 6.8728), Nomura adds.

Jan 18, 2017

USD/JPY steady in Tokyo, consolidating 100 pip Trump fuelled drop

Currently, USD/JPY is trading at 112.90, up 0.22% on the day, having posted a daily high at 113.02 and low at 112.57. Wall Street falls back as refla

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Jan 18, 2017

Fed's Williams: Good case for 3 hikes in 2017 even without fiscal stimulus

Fed's Williams keeps crossing the wires, now noting that there is a good case for 3 hikes in 2017 even without fiscal stimulus, adding that there is n

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