Home USD/CNY fix projection: 6.8811 – Nomura

USD/CNY fix projection: 6.8811 – Nomura

Published date: 24 Aug. 2018 | 02:34

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

Key Quotes:

“Our model1 projects the fix to be 444 pips higher than the previous fix (6.8811 from 6.8367) and 121 pips higher than the previous official spot USD/CNY close of 6.8690. The basket implied change is 151 pips higher than the previous official spot USD/CNY close (6.8841 from 6.8690).”

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