26 Oct 2016
USD/CNY fix model: Projection at 6.7744 - Nomura
Nomura's model projects the fix to be unchanged at 6.7744 from the previous fix and 34 pips lower than the previous official spot USD/CNY close of 6.7778. The basket implied change is 52 pips lower than the previous official spot USD/CNY close (6.7726 from 6.7778), Nomura adds.