USD/CNY fix projection: 6.9366 - Nomura

Analysts at Rabobank offered their model's projection for today's fix in USD/CNY.

Key Quotes:

"Model projection: 6.9366 versus 6.9338 previous (28 pips higher; 8 pips lower from the previous official spot close)."

"Model projection with counter-cyclical factor: 6.9300 (38 pips lower from previous fix)."