USD/CNY fix projection: 6.7612 - Nomura

Analysts at Nomura's USD/CNY fix projection.

Key Quotes:

"Our model1 projects the fix to be 127 pips higher than the previous fix (6.7612 from 6.7485) and 100 pips higher than the previous official spot USD/CNY close of 6.7512. 

The basket implied change is 121 pips higher than the previous official spot USD/CNY close (6.7633 from 6.7512)."