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Trading news
1 Aug 2016
USD/CNY fix model: Projection at 6.6264 - Nomura
Nomura's model projects the fix to be 247 pips lower than the previous fix (6.6264 from 6.6511) and 284 pips lower than the previous official spot USD/CNY close of 6.6548. The basket implied change is 552 pips lower than the previous official spot USD/CNY close (6.5996 from 6.6548), Nomura adds.