1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

USD/CNY fix model - Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Analysts at Nomura offered their projections for USD/CNY fix.

    Key Quotes:

    "Our model1 projects the fix to be higher by 185 pips from the previous fix (6.4776 from 6.4591) and higher by 98 pips from the previous spot USD/CNY official close 6.4678. The basket implied change is higher by 186 pips from the previous spot USD/CNY official close (6.4864 from 6.4678)."
    For more information, read our latest forex news.
     

Share This Page