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Screenshot of a breaking news alert e-mail from Q2 2017
Retail Forex broker OANDA Japan is streamlining the menu of Forex instruments available to its clients, with the move to affect pairs with the Chinese yuan and the Taiwan dollar.
The company is removing the following pairs from the lineup:
- USD/CNY – US dollar vs Chinese yuan (onshore);
- USD/TWD – US dollar vs new Taiwan dollar.
The broker notes that although the USD/CNY will be off the menu soon, it will keep offering trading with the USD/CNH pair, that is, trading with offshore Chinese yuan will still be available.
Meanwhile, all traders who have open positions with the affected currency pairs are asked to close those before market close on July 17, 2015. If a position with any of these two pairs is left open after that, OANDA will close it at market-end price on July 17, 2015.
To view the official announcement, click here.