Home USD/CNY fix projection: 6.4166 – Nomura

USD/CNY fix projection: 6.4166 – Nomura

Updated: 5 Jun. 2018 | 02:41

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

Key Quotes:

“Our model1 projects the fix to be 42 pips lower than the previous fix (6.4166 from 6.4208) and 43 pips higher than the previous official spot USD/CNY close of 6.4123. The basket implied change is 49 pips higher than the previous official spot USD/CNY close (6.4172 from 6.4123).”

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