USD/CNY fix projection: 6.5257 - Nomura

Analysts at Nomura offered their projections for today's fix in USD/CNY.

Key Quotes:

Our model1 projects the fix to be 54 pips lower than the previous fix (6.5257 from 6.5311) and 11 pips higher than the previous official spot USD/CNY close of 6.5246. The basket implied change is 13 pips higher than the previous official spot USD/CNY close (6.5259 from 6.5246).

Sep 7, 2017

South Korean PM says North Korea may launch a missile on September 9th

Reuters with the headline and this has sent the yen higher although could just be a blip as this is already known in the market and to be expected giv

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Sep 7, 2017

South Korean PM: North Korea may launch a missile on September 9 - bloomberg

Comment from South Korea PM are crossing the wires via Bloomberg that North Korea may fire ICBM missile on September 9.

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