USD/CNY fix projection: 6.6627 - Nomura

Analysts at Nomura offered their projections for today's fix.

Key Quotes:

"Our model1 projects the fix to be 82 pips lower than the previous fix (6.6627 from 6.6709) and 75 pips lower than the previous official spot USD/CNY close of 6.6702. The basket implied change is 90 pips lower than the previous official spot USD/CNY close (6.6612 from 6.6702)."

Aug 22, 2017

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