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 […]
Read MoreG-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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