Home USD/CNY fix projection: 6.6197 – Nomura

USD/CNY fix projection: 6.6197 – Nomura

Published date: 2 Jul. 2018 | 03:16

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

Key Quotes:

“Our model1 projects the fix to be 31 pips higher than the previous fix (6.6197 from 6.6166) and 49 pips lower than the previous official spot USD/CNY close of 6.6246. The basket implied change is 58 pips lower than the previous official spot USD/CNY close (6.6188 from 6.6246).”

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