USD/CNY fix projection: 6.9530 - Nomura

Ross J Burland FXStreet

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

Key Quotes:

"Model projection: 6.9530 versus 6.9275 previous (255 pips higher; 121 pips higher from the previous official spot close). Model projection with counter-cyclical factor: 6.9412 (137 pips higher from the previous fix)."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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