USD/CNY fix projection: 6.6217 – Nomura


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

Key Quotes:

"Our model1 projects the fix to be 42 pips lower than the previous fix (6.6217 from 6.6259) and 13 pips lower than the previous official spot USD/CNY close of 6.6230. The basket implied change is 16 pips lower than the previous official spot USD/CNY close (6.6214 from 6.6230)."

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About Craig Ballantyne 9135 Articles
I love anything to do with Harley Davidson and have two beautiful children and a beautiful partner. In my spare time i like building websites and love anything to do with the internet.

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