USD/CNY fix model: Projection at 6.6450 - Nomura

Nomuras model1 projects the fix to be 195 pips higher than the previous fix (6.6450 from 6.6255) and 35 pips higher than the previous official spot USD/CNY close of 6.6415. The basket implied change is 43 pips higher than the previous official spot USD/CNY close (6.6458 from 6.6415), Nomura adds.