USD/CNY fix model: projection: 6.6709 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 63 pips higher than the previous fix (6.6709 from 6.6646) and 25 pips higher than the previous official spot USD/CNY close of 6.6684. The
basket implied change is 31 pips higher than the previous official spot USD/CNY close (6.6715 from 6.6684)."