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 ...

Markets also digesting the president's latest comments pressing Chair Powell to cut rates once again. Rick Santelli is here with more in the Bond report. Hi Rick.You know it it's been a real interesting past few days here especially if you're watching the long end and the yield curve today. For example, if you look at twos on the week, they're up several basis points. You look at tens on the week, they're down several basis points.Now that's not a lot, but how that's occurring could be significant. Look at ...

The amount of Chinese yuan traded versus the US dollar soared in London during April’s market ructions https://t.co/RLsN9LjfPZ ...

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 ...