OctaFX | OctaFX Forex Broker
Open trading account
Back

USD/CNY fix projection: 6.6302 - Nomura

Analysts at Nomura offered their model projections for USD/CNY.

Key Quotes:

"Our model1 projects the fix to be 97 pips lower than the previous fix (6.6302 from 6.6399) and 129 pips lower than the previous official spot USD/CNY close of 6.6431. The basket implied change is 160 pips lower than the previous official spot USD/CNY close (6.6271 from 6.6431)."

Japan's Motegi expects economy to continue moderate recovery ahead

Comments from Japanese economy minister Motegi are crossing the wires via LiveSquawk- Expect the economy to continue moderate recovery ahead.  To
Read more Previous

Japan's GDP grows for seventh straight quarter as exports outperform

The Japanese economy is witnessing the longest period of uninterrupted growth in more than a decade on the back of strong export growth. The data rel
Read more Next
Start livechat