USD/CNY fix projection: 6.7265 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 117 pips higher than the previous fix (6.7265 from 6.7148) and 71 pips higher than the previous official spot USD/CNY close of 6.7194. The basket implied change is 83 pips higher than the previous official spot USD/CNY close (6.7277 from 6.7194)."