USD/CNY fix model: Projection 263 pips higher to 6.5879 - Nomura

FXStreet (Bali) - Nomura's model projects the fix to be higher by 263 pips from the previous fix (6.5879 from 6.5616) and lower by 8 pips from the previous spot USD/CNY official close (6.5887).

Jan 15, 2016

USD/JPY: 200 1hr sma a tough nut to crack

USD/JPY is currently finding the resistance at 118.20 a tough nut to crack while the market was a little risk friendlier, but the 200 sma on the hourly chart is proving resilient currently.

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Jan 15, 2016

USD/CNH keeps surging, AUD under pressure

Ahead of the PBOX fix, the USD/CNH is soaring towards 6.61 from a NY close of 6.60, causing risk assets to come under pressure (AUD down, Yen bid), as it suggests markets might potentially be expecting a higher USD/CNY fix by the Chinese Central Bank today.

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