8 Jun 2016
USD/CNY fix model: Projection at 6.5652 - Nomura
Nomura's model projects the fix to be 34 pips higher than the previous fix (6.5652 from 6.5618) and 68 pips lower than the previous official spot USD/CNY close of 6.5720. The basket implied change is 100 pips lower than the previous official spot USD/CNY close (6.5620 from 6.5720), Nomura adds.