USD/CNY projection: 6.3047 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 28 pips higher than the previous fix (6.3047 from 6.3019) and 120 pips higher than the previous official spot USD/CNY close of 6.2927. The basket implied change is 154 pips higher than the previous official spot USD/CNY close (6.3081 from 6.2927)."

Feb 6, 2018

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