USD/CNY fix: Likely to be close to 6.56 again - Westpac

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - According to Westpac, since the official USD/CNY close on CFETS was 6.5782, the fixing today is likely to be close to 6.56 again.

    Key Quote

    "This will be our assumption until further notice but we believe risks of a surprise are tilted firmly to the upside on any given day."
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