From now on we Elev8
We're more than just a broker. We're an all-in-one trading ecosystem—everything you need to analyse, trade, and grow is in one place. Ready to elevate your trading?
We're more than just a broker. We're an all-in-one trading ecosystem—everything you need to analyse, trade, and grow is in one place. Ready to elevate your trading?
Analysts at Nomura offered their model projections for today's USD/CNY fix.
Key Quotes:
"Our model1 projects the fix to be 12 pips lower than the previous fix (6.6235 from 6.6247) and 104 pips lower than the previous official spot USD/CNY close of 6.6339. The basket implied change is 127 pips lower than the previous official spot USD/CNY close (6.6212 from 6.6339)."