USD/CNY fix projection: 6.7966 – Nomura


Analysts at Nomura offered their projections for today’s USD/CNY fix.

Key Quotes:

“Our model1 projects the fix to be 12 pips higher than the previous fix (6.7966 from 6.7954) and 15 pips lower than the previous official spot USD/CNY close of 6.7981. The basket implied change is 18 pips lower than the previous official spot USD/CNY close (6.7963 from 6.7981).”

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