USD/CNY fix model: Projection at 6.4655 – Nomura

By FXStreet Nomura’s model projects the fix to be higher by 70 pips from the previous fix (6.4655 from 6.4585) and higher by 11 pips from the previous spot USD/CNY official close 6.4644.

Nomura adds that “the basket implied change is higher by 14 pips from the previous spot USD/CNY official close (6.4658 from 6.4644).”
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Source:: FX Street