USD/CNY fix model: Projection 180 pips higher to 6.5776 - Nomura

FXStreet (Bali) - According to Nomura's model, it projects the fix to be higher by 180 pips from the previous fix (6.5776 from 6.5596) and lower by 6 pips from the previous spot USD/CNY official close (6.5782).

Jan 20, 2016

USD/JPY: consolidation ahead of Chinese market open

USD/JPY is currently trading at 117.40 with a high of 117.69 and a low of 117.38.

Other measures may make PBOC RRR cut unnecessary

People’s Bank of China research bureau chief economist Ma Jun, in an interview via Bloomberg, said that other measures may make an RRR cut unnecessary.