Home USD/CNY fix projection: 6.6327 – Nomura

USD/CNY fix projection: 6.6327 – Nomura

Updated: 6 Jul. 2018 | 02:36

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

Key quotes:

“Our model1 projects the fix to be 147 pips higher than the previous fix (6.6327 from 6.6180) and 45 pips lower than the previous official spot USD/CNY close of 6.6372. The basket implied change is 54 pips lower than the previous official spot USD/CNY close (6.6318 from 6.6372).”

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