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3 May 2018

USD/CNY fix projection: 6.3720 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 50 pips higher than the previous fix (6.3720 from 6.3670) and 118 pips higher than the previous official spot USD/CNY close of 6.3602. The basket implied change is 150 pips higher than the previous official spot USD/CNY close (6.3752 from 6.3602)."

May 3, 2018

Breakthrough on US-China trade talks seen slimming - Reuters

Trade experts are concerned that the window of opportunity for US-China trade relations to peacefully resolve the current standoff is closing, as note
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May 3, 2018

USD/JPY risk reversals hit 4-month high

The USD/JPY one-month 25 delta risk reversals (JPY1MRR) rose to -0.65 on Thursday - its highest level since early January.  The negative number indic
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