USD/CNY fix model: projection 124 pips higher to 6.5752 - Nomura

FXStreet (Bali) - Nomura's model projects the fix to be higher by 124 pips from the previous fix (6.5752 from 6.5628) and higher by 2 pips from the previous spot USD/CNY official close (6.5750).

Jan 13, 2016

USD/JPY bid and awaits further impetus while risk improves

USD/JPY has garnered a trickle of demand in the open of Tokyo with the Nikkei opening strongly. Risk has started to filter back through with the Chinese stock market rout's dust settling.

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Jan 13, 2016

PBOC sets USD/CNY at 6.5630 vs last close 6.5756

In line with the last three days of stable fixes, today's USD/CNY fix by the PBOC stood at 6.5630 vs last close 6.5756, an outcome that should see the likes of the AUD or NZD trade higher.

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