Emerging-market currency volatility at a one-year low is poised to sap demand for Asian foreign exchange in favor of its higher-yielding European and Latin American peers https://t.co/sl0HCsMfI6 ...

Market Trends & Yield Curve Analysis - The yield curve is flattening, with 10-year Treasury yields decreasing while 2-year Treasury yields increasing on the week [1] - The shift in the yield curve's steepening trend occurred around July 15th and 16th, following the release of CPI (Consumer Price Index) and PPI (Producer Price Index) data [2][3] Currency Market Dynamics - Euro is outperforming, reaching a one-year high against the Yen (euroyen) [3][4] - The dollar is underperforming against the Yen (dollar yen) [4] - Euro is hovering near a four-year high against the dollar [5] Factors Influencing Euro Strength - Concerns about fiscal prudence and austerity measures in Europe, even after the election, are contributing to the Euro's strength against the Yen [4][5]

Market Trends - The trading volume of Chinese Yuan against the US Dollar significantly increased in London during April [1]

A group of private foreign exchange companies in Pakistan met with the head of an intelligence department this week to discuss the local rupee’s slump. https://t.co/8u8KrelYEr ...

Market Development - South Korea will establish a panel for regular discussions with offshore banks to enhance its foreign exchange market [1] - This initiative aims to address key obstacles in South Korea's pursuit of inclusion in a major developed-market stock index [1]

Nigeria’s currency appears to be decoupling from the price of oil, the nation’s main foreign-exchange earner https://t.co/WvW0vvaN52 ...

Three senior executives have left Mizuho’s foreign-exchange and rates trading teams in Singapore and London https://t.co/2Lim1l35h7 ...

Investment Rating - The report does not explicitly provide an investment rating for the industry or specific securities [12]. Core Insights - The projected USD/CNY fix is 7.1799, which is 10 pips higher than the previous projection of 7.1789 and 3 pips lower than the previous official spot close [1]. - The model projection with the counter-cyclical factor is 7.1746, indicating a decrease of 43 pips from the previous fix [1]. - The top four weighted contributions to the projected change in the currency fix are from RUB, EUR, JPY, and KRW, with varying impacts measured in pips [3]. Summary by Sections Currency Projections - The USD/CNY fix model projects a value of 7.1799, reflecting a slight increase from the previous model [1]. - The model with the counter-cyclical factor suggests a lower projection of 7.1746, indicating a potential adjustment in currency valuation [1]. Contributions to Change - The report highlights the top four currencies contributing to the projected change, with RUB, EUR, JPY, and KRW being the most significant [3]. Model Performance - Recent model errors without counter-cyclical factor adjustments show a range of daily model errors, indicating fluctuations in the accuracy of projections [5]. - The daily change in USD/CNY fix has shown significant variability, with changes recorded in pips over the specified period [7].

Investment Rating - The report does not explicitly provide an investment rating for the industry or specific companies within it [1]. Core Insights - The model projection for USD/CNY fix is 7.1680, which is 123 pips lower than the previous projection of 7.1803 and 144 pips lower from the previous official spot close [1]. - The model projection with the counter-cyclical factor is 7.1622, indicating a decrease of 181 pips from the previous fix [1]. - The top four weighted contributions to the projected change (in pips) are negative, with AUD, EUR, GBP, and JPY showing significant declines [3]. Summary by Sections Section 1: Model Projections - The USD/CNY fix model projects a value of 7.1680, which reflects a downward adjustment compared to previous figures [1]. - The counter-cyclical factor adjustment results in a slightly lower projection of 7.1622 [1]. Section 2: Contributions to Change - The report highlights the top four currencies contributing to the projected change, all showing negative contributions, indicating a bearish sentiment in the foreign exchange market [3]. Section 3: Daily Model Errors - Recent model errors without counter-cyclical factor adjustments show significant fluctuations, with daily errors reaching up to 400 pips [5]. - The daily change in USD/CNY fix has also exhibited volatility, with notable pips changes recorded over the specified period [7].

These books introduce aspiring foreign exchange (forex) traders to the basics of currency trading as well as advanced trading strategies for making money. https://t.co/kJClYUBRbb ...