USD/CNY fix projection: 6.7082 - Nomura

Analysts at Nomura offered their projections for today's USD/CNY fix.

Key Quotes:

"Our model1 projects the fix to be 102 pips lower than the previous fix (6.7082 from 6.7184) and 47 pips higher than the previous official spot USD/CNY close of 6.7035. The basket implied change is 54 pips higher than the previous official spot USD/CNY close (6.7089 from 6.7035)."