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USD/CNY fix model: Projection at 6.4810 - Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Nomura's model projects the PBOC fix to be higher by 182 pips from the previous fix (6.4810 from 6.4628) and higher by 83 pips from the previous spot USD/CNY official close 6.4727.

    Additional quotes

    The basket implied change is higher by 129 pips from the previous spot USD/CNY official close (6.4856 from 6.4727).
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