USD/CNY fix projection: 6.7785 - Nomura

Analysts at Nomura's projections for today's USD/CNY fix...

Key Quotes:

"Our model1 projects the fix to be 83 pips lower than the previous fix (6.7785 from 6.7868) and 90 pips lower than the previous official spot USD/CNY close of 6.7875. The basket implied change is 109 pips lower than the previous official spot USD/CNY close (6.7766 from 6.7875)."

Jul 13, 2017

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