By FXStreet ANZ has modified its CNY fixing model after clarifications from CFETS around how the daily fix is calculated. Key Quotes “Based on our model, the fixings
By FXStreet As part of their open market operations activity, the PBOC injected 10bn yuan through 7-day reverse repos today.For more information, read our latest forex news. …read
By FXStreet USD/JPY is currently consolidated to start the week off while we approach Central Banks again, likely to set the scene for the forthcoming weeks for USD/JPY.
By FXStreet As Nomura reports, according to the IMM data for the week ended March 08, non-commercial accounts sold USD to the tune of -$0.8bn, with GBP net
By FXStreet The Quarterly forecasts via the New Zealand Institute for Economic Research (NZIER) has been published, concluding that the country is now faced with lower inflation while
By FXStreet Analysts at Westpac Banking Corporation explained that the outperformer, AUD, rose from under 0.7500 to 0.7584 in NY, another high since July 2015. Key Quotes: “However,
By FXStreet AUD/USD has staged an impressive recovery since the open of 2016 where the major commodity currency plummeted to 0.6834 lows from 0.7301 highs at the start
By FXStreet According to Iran Oil Minister Bijan Zanganeh, the country may be open to negotiate a freeze in oil production among other major producers. However, in order
By FXStreet A statement from Reserve Bank of New Zealand Assistant Governor McDermott has been issued, noting that there is a need to rethink rate outlook if inflation
