USD/CNY fix model: Projection at 6.4668 – Nomura

By FXStreet Nomura’s model projects the PBOC fix to be higher by 52 pips from the previous fix (6.4668 from 6.4616) and higher by 76 pips from the previous spot USD/CNY official close 6.4592. Nomura adds that the basket implied change is higher by 112 pips from the previous spot USD/CNY official close (6.4704 from 6.4592).
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Source:: FX Street