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USD/CNY fix projection: 6.8641 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 85 pips higher than the previous fix (6.8641 from 6.8556) and 99 pips lower than the previous official spot USD/CNY close of 6.8740. The basket implied change is 120 pips lower than the previous official spot USD/CNY close (6.8620 from 6.8740)."

Global uncertainty never been higher - Amplifying Global FX Capital

Greg Gibbs, the founder of Amplifying Global FX Capital explained that an index of news articles covering economic and political uncertainty suggests
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RBNZ Governor Wheeler to retire in September

RBNZ Governor Wheeler is set to retire in September when his term ends, according to market sources. Deputy Governor Spencer will be nominated acting
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