USD/CNY fix projection: 6.8664 - Nomura

Analysts at Nomura offered their model's projection for today's fx in USD/CNY.

Key Quotes:

"Model projection: 6.8664 versus 6.8509 previous (155 pips higher; 26 pips lower from the previous official spot close). Model projection with counter-cyclical factor: 6.8521 (12 pips higher from the previous fix)."