USD/CNY fix projection: 6.8819 - Nomura

Analysts at Nomura offered their projections for the USD/CNY fix.

Key Quotes

"Our model1projects the fix to be 296 pips lower than the previous fix (6.8819 from 6.9115) and 302 pips lower than the previous official spot USD/CNY close of 6.9121. The basket implied change is 490 pips lower than the previous official spot USD/CNY close (6.8631 from 6.9121)."

Mar 16, 2017

When is the BoJ and how could it affect USD/JPY?

While the Bank of Japan isn't expected to change its monetary policy, markets are on standby for volatility, all the same, considering a shift in the

US headline CPI increased modestly - Nomura

Analysts at Nomura noted the US CPI outcome. Key Quotes: "Headline CPI increased modestly by 0.122% m-o-m in February on higher food prices, slightl