USD/CNY fix model: Projection at 6.6776 - Nomura

Nomura's model projects the fix to be 70 pips lower than the previous fix (6.6776 from 6.6846) and 95 pips lower than the previous official spot USD/CNY close of 6.6871. The basket implied change is 141 pips lower than the previous official spot USD/CNY close (6.6730 from 6.6871), Nomura adds.

Jul 15, 2016

Fed's Kaplan: Jury out on Brexit effect on US economy

Robert Kaplan, President of the Federal Reserve Bank of Dallas, notes jury is out on Brexit effect on US economy. Headlines Says US economy more glo

USD/JPY: choppy in Tokyo, targets break of 5 min 200 sma at 104.51

USD/JPY was bid in the open with a target of the 5 min 200 sma at 104.51 at time of writing, located just above session highs of 105.46, but ...