Tag Archives: USD/CNY

USD/CNY adjusted forecast 6.3433 exchange rate

Markets Analysts at Nomura suggested their model’s forecast for today’s USD/CNY adjustment.

Nomura proclaimed “Our model1 projects the fix to be 186 pips higher than the previous fix (6.3433 from 6.3247) and 7 pips lower than the previous official spot USD/CNY close of 6.3440. The basket implied change is 8 pips lower than the previous official spot USD/CNY close (6.3432 from 6.3440).”