Tag: USDCNH

August 14, 2014 BY Mike Fox

Chinese Yuan long positions largest since late January

Reuters latest Asian currency survey reveals that bullishness in the Chinese yuan hit a near seven-month high, while sentiment on most emerging Asian currencies slightly deteriorated in the last two weeks on global economic risks, a Reuters poll showed on Thursday. Sentiment on the yuan turned the most optimistic since late January, as investors piled…

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July 28, 2014 BY Mike Fox

Top global brokerage FXCM adds USD/CNH instrument at last

Leading FX Brokerage FXCM officially added liquidity to the offshore renminbi. Here is info on FXCM's offering. VITAL STATISTICS Target Spread 26-27 pips Margin Requirement $50 per lot Minimum Lot Size CN¥1,000 (1k) Pip Cost $0.016 per lot Average Daily Range 100 pips in 2014 Hedging Capability: You can go long or short yuan in…

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June 12, 2014 BY Mike Fox

HotForex launches MQL5 Signals Service, also adds USD/CNH pair

Popular retail brokerage HotForex regulated by the Financial Services Commission (FSC) of the Republic of Mauritius has announced on their company news page the launch of MQL5 signals for their MetaTrader clients. They state the MQL5 Signal Service is integrated in the HotForex MT4 trading terminal and offers the chance to subscribe to a wide…

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May 26, 2014 BY Mike Fox

Alpari RU adds USD/CNH Chinese Yuan trading & more...

Alpari RU announced today that from June 2, 2014, they are making 6 new currency pairs available for trading. For Standard accounts (standard.mt4): USDCNH (US Dollar to Chinese Yuan) USDILS (US Dollar to Israeli Shekel) EURILS (Euro to Israeli Shekel) GBPTRY (British Pound to Turkish Lira) EURZAR (Euro to South African Rand) EURRUB (Euro to Russian…

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April 07, 2014 BY Gerald Segal

Saxo Bank officially launches USD/CNH options contracts

OTC options on USDCNH to be made available on SaxoTrader Platform Saxo Bank, has officially announced the addition of OTC options on USDCNH to its platform to allow clients better access to trading on the offshore Renminbi. We reported this news last Friday when it slid under the radar of Saxo’s March monthly volume report. The…

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