USD/CNY fix projection: 6.8564 - Nomura

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

Key Quotes:

"Model projection: 6.8564 versus 6.8569 previous (5 pips lower; 30 pips higher from the previous official spot close). Model projection with counter-cyclical factor: 6.8535 (34 pips lower from previous fix)."