Home USD/CNY fix projection: 6.4103 – Nomura

USD/CNY fix projection: 6.4103 – Nomura

Updated: 1 Jun. 2018 | 02:22

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

Key Quotes:

“Our model1 projects the fix to be 41 pips lower than the previous fix (6.4103 from 6.4144) and 93 pips higher than the previous official spot USD/CNY close of 6.4010. The basket implied change is 112 pips higher than the previous official spot USD/CNY close (6.4122 from 6.4010).”

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