10 Nov 2016
USD/CNY fix model: Projection at 6.7919 - Nomura
Nomura's model projects the fix to be 87 pips higher than the previous fix (6.7919 from 6.7832) and 188 pips higher than the previous official spot USD/CNY close of 6.7731. The basket implied change is 298 pips higher than the previous official spot USD/CNY close (6.8029 from 6.7731), Nomura adds.