Home USD/CNY fix projection: 6.6160 – Nomura

USD/CNY fix projection: 6.6160 – Nomura

Published date: 29 Jun. 2018 | 02:37

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

Key Quotes:

“Our model1 projects the fix to be 200 pips higher than the previous fix (6.6160 from 6.5960) and 90 pips lower than the previous official spot USD/CNY close of 6.6250. The basket implied change is 109 pips lower than the previous official spot USD/CNY close (6.6141 from 6.6250).”

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