USD/CNY fix projection: 6.6562 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 80 pips lower than the previous fix (6.6562 from 6.6642) and 106 pips lower than the previous official spot USD/CNY close of 6.6668. The basket implied change is 130 pips lower than the previous official spot USD/CNY close (6.6538 from 6.6668)."