USD/CNY fix projection: 6.6175 - Nomura

Analysts at Nomura their model projections for today's fix.

Key Quotes:

"Our model1 projects the fix to be 23 pips higher than the previous fix (6.6175 from 6.6152) and 2 pips higher than the previous official spot USD/CNY close of 6.6173. The basket implied change is 2 pips higher than the previous official spot USD/CNY close (6.6175 from 6.6173)."