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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G-20 finance chiefs are meeting today for a stronger Yuan

Thursday, 31 March 2011 01:30

G-20 finance chiefs are meeting today and the main topic of conversation will be to allow for a stronger Yuan. US, India and Brazil will be leading the charge, the Yuan traded at 6.5565 close to a 17 year high early this morning in Shanghai.

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