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Trading news
29 Jul 2016
USD/CNY fix model: Projection at 6.6696 - Nomura
Nomura's model projects the fix to be 99 pips higher than the previous fix (6.6696 from 6.6597) and 130 pips higher than the previous official spot USD/CNY close of 6.6566. The basket implied change is 186 pips higher than the previous official spot USD/CNY close (6.6752 from 6.6566), Nomura adds.