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USD/CNY fix model: Projection 199 pips higher to 6.5825 – Nomura

ByFXOpen

Jan 12, 2016 dollar, euro, forex

FXStreet (Bali) – Nomura’s model projects the PBOC fix to be higher by 199 pips from the previous fix (6.5825 from 6.5626) and higher by 3 pips from the previous spot USD/CNY official close (6.5822).

Nomura’s model projects the PBOC fix to be higher by 199 pips from the previous fix (6.5825 from 6.5626) and higher by 3 pips from the previous spot USD/CNY official close (6.5822).

(Market News Provided by FXstreet)

By FXOpen

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