Nomura’s model projects the fix to be higher by 317 pips from the previous fix (6.5736 from 6.5419) and lower by 41 pips from the previous spot USD/CNY official close (6.5777).

Nomura’s model projects the fix to be higher by 317 pips from the previous fix (6.5736 from 6.5419) and lower by 41 pips from the previous spot USD/CNY official close (6.5777).

(Market News Provided by FXstreet)

By FXOpen