Home USD/CNY fix projection: 6.8420 – Nomura

USD/CNY fix projection: 6.8420 – Nomura

Updated: 21 Sep. 2018 | 02:33

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

Key Quotes:

“Model projection: 6.8420 versus 6.8530 previous (110 pips lower; 108 pips lower from the previous official spot close). Model projection with counter-cyclical factor: 6.8374 (156 pips lower from previous fix).”

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