28 Jun 2016
USD/CNY fix model: Projection at 6.6522 - Nomura
Nomura's model projects the fix to be 147 pips higher than the previous fix (6.6522 from 6.6375) and 129 pips higher than the previous official spot USD/CNY close of 6.6393. The basket implied change is 184 pips higher than the previous official spot USD/CNY close (6.6577 from 6.6393), Nomura adds.