USD/CNY Fix Model: Projection at 6.4810 - Nomura
Nomura's model projects the PBOC fix to be higher by 182 pips from the previous fix (6.4810 from 6.4628) and higher by 83 pips from the previous spot USD/CNY official close 6.4727.
Additional quotes
The basket implied change is higher by 129 pips from the previous spot USD/CNY official close (6.4856 from 6.4727).
(Market News Provided by FXstreet)
