Home USD/CNY fix projection: 6.4029 – Nomura

USD/CNY fix projection: 6.4029 – Nomura

Updated: 11 Jun. 2018 | 02:32

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

Key Quotes:

“Our model1 projects the fix to be 26 pips higher than the previous fix (6.4029 from 6.4003) and 68 pips lower than the previous official spot USD/CNY close of 6.4097. The basket implied change is 82 pips lower than the previous official spot USD/CNY close (6.4015 from 6.4097).”

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