Home USD/CNY fix projection: 6.6107 – Nomura

USD/CNY fix projection: 6.6107 – Nomura

Published date: 28 Jun. 2018 | 02:46

Analysts at Nomura offered their model’s projection for today’s fix in USD/CNY.

Key Quotes:

“Our model1 projects the fix to be 538 pips higher than the previous fix (6.6107 from 6.5569) and 157 pips higher than the previous official spot USD/CNY close of 6.5950. The basket implied change is 219 pips higher than the previous official spot USD/CNY close (6.6169 from 6.5950).”

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