USD/CNY fix model: Projection: 6.4966 - Nomura

Nomura's model projects the PBOC fix to be higher today, by 61 pips from the previous fix (6.4966 from 6.4905) and lower by 19 pips from the previous spot USD/CNY official close (6.4985).

Additional quotes

The basket implied change was lower by 149 pips from the previous spot USD/CNY official close (6.4836 from 6.4985).