USD/CNY fix model: Projection at 6.4915 – Nomura

By FXStreet Nomura’s model projects the fix to be higher by 91 pips from the previous fix (6.4915 from 6.4824) and higher by 57 pips from the previous spot USD/CNY official close 6.4858.

Nomura adds: “The basket implied change is higher by 76 pips from the previous spot USD/CNY official
close (6.4934 from 6.4858).”
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Source:: FX Street