Home USD/CNY fix projection 6.6630 – Nomura

USD/CNY fix projection 6.6630 – Nomura

Published date: 4 Jul. 2018 | 02:36

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

Key Quotes:

“Our model1 projects the fix to be 133 pips higher than the previous fix (6.6630 from 6.6497) and 42 pips lower than the previous official spot USD/CNY close of 6.6672. The basket implied change is 50 pips lower than the previous official spot USD/CNY close (6.6622 from 6.6672).”

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