Analysts at Nomura offered their model's projection for today's fix in USD/CNY.
"Our model1 projects the fix to be 173 pips higher than the previous fix (6.4135 from 6.3962) and 212 pips higher than the previous official spot USD/CNY close of 6.3923. The basket implied change is 524 pips higher than the previous official spot USD/CNY close (6.4447 from 6.3923)."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.