Home USD/CNY fix projection: 6.8384 – Nomura

USD/CNY fix projection: 6.8384 – Nomura

Updated: 3 Aug. 2018 | 02:43

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

Key Quotes:

“Our model1 projects the fix to be 442 pips higher than the previous fix (6.8384 from 6.7942) and 84 pips higher than the previous official spot USD/CNY close of 6.8300. The basket implied change is 100 pips higher than the previous official spot USD/CNY close (6.8400 from 6.8300).”

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