Home USD/CNY fix projection: 6.9374 – Nomura

USD/CNY fix projection: 6.9374 – Nomura

Updated: 29 Oct. 2018 | 01:48

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

Key Quotes:

“Model projection: 6.9374 versus 6.9510 previous (136 pips lower; 104 pips lower from the previous official spot close). Model projection with counter-cyclical factor: 6.9343 (167 pips lower from previous fix).”

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