Home USD/CNY fix projection: 6.4020 – Nomura

USD/CNY fix projection: 6.4020 – Nomura

Updated: 8 Jun. 2018 | 02:42

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

Key Quotes:

“Our model1 projects the fix to be 101 pips higher than the previous fix (6.4020 from 6.3919) and 87 pips higher than the previous official spot USD/CNY close of 6.3933.”

“The basket implied change is 104 pips higher than the previous official spot USD/CNY close (6.4037 from 6.3933).”

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