USD/CNY fix model: Projection at 6.5198 – Nomura

By FXStreet Nomura’s model projects the fix to be higher by 93 pips from the previous fix (6.5198 from 6.5105) and higher by 130 pips from the previous spot USD/CNY official close 6.5068. The basket implied change is higher by 187 pips from the previous spot USD/CNY official close (6.5255 from 6.5068), Nomura adds.
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Source:: FX Street