USD/CNY fix projection: 6.8545 - Nomura

Analysts at Nomura offered their model's projection for today's fix in USD/CNY.

Key Quotes:

"Model projection: 6.8545 versus 6.8546 previous (1 pip lower; 135 pips lower from the previous official spot close). Model projection with counter-cyclical factor: 6.8427 (119 pips lower from previous fix)."

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