TenkoFX - Analytics

    TenkoFX

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    USD/CNY fix model - Projection at 6.5765 - Nomura

    Nomura's model projects the fix to be 236 pips lower than the previous fix (6.5765 from 6.6001) and 118 pips lower than the previous official spot USD/CNY close of 6.5883. The basket implied change is 178 pips lower than the previous official spot USD/CNY close (6.5705 from 6.5883), Nomura adds.


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