USD/CNY fix projection: 6.9281 - Nomura

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

Key Quotes:

"Model projection: 6.9281 versus 6.9065 previous (216 pips higher; 28 pips higher from the previous official spot close).

Model projection with counter-cyclical factor: 6.9135 (70 pips higher from previous fix)."

Nov 8, 2018

BoJ Summary of Opinions: Inflation to increase "gradually"

The Bank of Japan's (BoJ) Summary of Opinions shows the Japan central bank's inner monologue from the bank's most recent meeting. Key highlights Inf

USD/JPY: retains a bullish bias in Tokyo, extending post US election result gains, eyes 113.85

The pair was bid up from a low of 112.94 and made an overnight high of 113.60 where it ended in North America at 113.54. US stocks were a strong catal