USD/CNY fix projection: 6.9195 - Nomura

Analysts at Nomura offered their model's projection for today's fix in USD/CNY.

Key Quotes:

"Model projection: 6.9195 versus 6.9072 previous (123 pips higher; 1 pip higher from the previous official spot close). Model projection with counter-cyclical factor: 6.9083 (11 pips higher from previous fix)."