USD/CNY fix model: Projection at 6.52 – Nomura

By FXStreet Nomura’s model projects the fix to be higher by 14 pips from the previous fix (6.5200 from 6.5186) and lower by 4 pips from the previous spot USD/CNY official close of 6.5204. Nomura adds that “the basket implied change was higher by 16 pips from previous spot USD/CNY official close (6.5220 from 6.5204).”
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Source:: FX Street