USD/CNY fix model: Projection at 6.6610 - Nomura

 Nomura's model projects the fix to be 190 pips higher than the previous fix (6.6610 from 6.6420) and 100 pips higher than the previous official spot USD/CNY close of 6.6510. The basket implied change is 133 pips higher than the previous official spot USD/CNY close (6.6643 from 6.6510), Nomura adds.