Home USD/CNY fix projection: 6.8629 – Nomura

USD/CNY fix projection: 6.8629 – Nomura

Published date: 27 Aug. 2018 | 02:48

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

Key Quotes:

“Our model1 projects the fix to be 81 pips lower than the previous fix (6.8629 from 6.8710) and 160 pips lower than the previous official spot USD/CNY close of 6.8789. The basket implied change is 203 pips lower than the previous official spot USD/CNY close (6.8586 from 6.8789).”

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