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USD/CNY fix model - Projection: 6.6466 - Nomura

Nomura's model projects the fix to be 154 pips higher than the previous fix (6.6466 from 6.6312) and 33 pips higher than the previous official spot USD/CNY close of 6.6433. The basket implied change is 41 pips higher than the previous official spot USD/CNY close (6.6474 from 6.6433), Nomura adds.

BoE’s Carney set up (at least) one rate cut - ANZ

The ANZ Research Team notes that Thursday's BoE’s Carney speech set up at least one rate cut, with the market now pricing in 16bp for a cut in July an
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Australia’s federal election: Outcome hard to predict - Credit Agricole

Credit Agricole, in a note to clients, with content provided via eFXnews, writes that this Australia’s federal election on 2 July is set to be more in
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