USD/CNY fix projection 6.9156 from 6.8972 - Nomura

Analysts at nomura offered their model1 projects for the fix.

Key Quotes:

"Our model1 projects for the fix to be 184 pips higher than the previous fix (6.9156 from 6.8972) and 151 pips higher than the previous official spot USD/CNY close of 6.9005.

The basket implied change is 202 pips higher than the previous official spot USD/CNY close (6.9207 from 6.9005).