USD/CNY fix model: Projection at 6.5792 - Nomura

Ivan Delgado Independent Analyst

Nomura's model projects the fix to be 8 pips higher than the previous fix (6.5792 from 6.5784) and 33 pips lower than the previous official spot USD/CNY close of 6.5825. The basket implied change is 48 pips lower than the previous official spot USD/CNY close (6.5777 from 6.5825) , Nomura adds.

Author

Ivan Delgado

Independent Analyst

Established in the Asian continent since 2009, Ivan studied a degree in Business at the University Pompeu Fabra (Barcelona), while also earning a postgraduate degree in Business Administration.

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