USD/CNY fix model: Projection at 6.4810 – Nomura
By FXStreet Nomura’s model projects the PBOC fix to be higher by 182 pips from the previous fix (6.4810 from 6.4628) and higher by 83 pips from the previous spot USD/CNY official close 6.4727.
Additional quotes
The basket implied change is higher by 129 pips from the previous spot USD/CNY official close (6.4856 from 6.4727).
For more information, read our latest forex news. …read more
Source:: FX Street
