USD/CNY fix projection: 6.6766 - Nomura

Analysts at Nomura offered their projection for USD/CNY fix as follows:

"Model1 projects the fix to be 129 pips lower than the previous fix (6.6766 from 6.6895) and 55 pips higher than the previous official spot USD/CNY close of 6.6711. The basket implied change is 68 pips higher than the previous official spot USD/CNY close (6.6779 from 6.6711)."