USD/CNY fix projection: 6.9459 - Nomura

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

Key Quotes: 

"Model projection: 6.9459 versus 6.9163 previous (296 pips higher; 174 pips higher from the previous official spot close)."

"Model projection with counter-cyclical factor: 6.9348 (185 pips higher from previous fix)."

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