CNY NDF and CNH Markets

Tuesday, 19 April 2011 07:22

USDCNY fix come out only slightly higher than the historical low on Friday. Chinese names are the main the buyers mainly due to lack of offers when Euroland went into a spin. Most traders prefer the carry and will sell into the rally in 1yr between 6.3900 and 6.4000 given the chance of more tightening measures […]

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