6 Jul 2017
USD/CNY fix projection: 6.7998 - Nomura
Analysts at Nomura's projections for today's USD/CNY fix...
Key Quotes:
"Our model1 projects the fix to be 76 pips higher than the previous fix (6.7998 from 6.7922) and 5 pips higher than the previous official spot USD/CNY close of 6.7993. The basket implied change is 6 pips higher than the previous official spot USD/CNY close (6.7999 from 6.7993)."