USD/CNY fix projection: 6.6217 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 42 pips lower than the previous fix (6.6217 from 6.6259) and 13 pips lower than the previous official spot USD/CNY close of 6.6230. The basket implied change is 16 pips lower than the previous official spot USD/CNY close (6.6214 from 6.6230)."