USD/CNY fix projection: 6.3780 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 47 pips higher than the previous fix (6.3780 from 6.3733) and 4 pips lower than the previous official spot USD/CNY close of 6.3784. The basket implied change is 5 pips lower than the previous official spot USD/CNY close (6.3779 from 6.3784)."

May 10, 2018

BOJ Summary of opinions: Must maintain powerful easing

The Bank of Japan (BOJ) is nowhere close to the 2 percent inflation target and hence must maintain powerful easing, the BOJ summary of opinions releas

AUD/USD trying to scramble back to the 0.75 handle as the Dollar takes a breather

The AUD/USD is looking for some lift in Thursday's early Tokyo session, trading over 0.7450 after managing a rebound off of 11-month lows yesterday.