USD/CNY model projects the fix at 6.5500 - Nomura

Nomura's model projects the fix to be 79 pips higher than the previous fix (6.5500 from 6.5421) and 55 pips lower than the previous official spot USD/CNY close of 6.5555.

The basket implied change is 66 pips lower than the previous official spot USD/CNY close (6.5489 from 6.5555), Nomura adds.