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: Projection at 6.4658 - Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Nomura's moodel projects the fix to be higher by 46 pips from the previous fix (6.4658 from 6.4612) and lower by 18 pips from the previous spot USD/CNY official close (6.4676). Nomura adds that "the basket implied change is lower by 37 pips from the previous spot USD/CNY official close (6.4639 from 6.4676)."
    For more information, read our latest forex news.
     

Share This Page