How to invest or trade Yuan ?

Discussion in 'Forex' started by Doji7, Oct 25, 2007.

  1. Doji7

    Doji7

    Any ideas

    How to to invest or trade Yuan ?
     
  2. Oanda lets you play USD/CNY. The carry is killer, though.
     
  3. loik

    loik

    <A HREF="http://www.cme.com/trading/prd/fx/chinese.html" TARGET="***">CME</A>
     
  4. sim03

    sim03

    Might want to take a look at liquidity first:

    http://www.cme.com/html.wrap/wrappedpages/end_of_day/daily_settlement_prices/rmb.html?h=1

    10/23/07 volume = 1 (one)
    10/24/07 volume = 61
    Open interest = 343

    Maybe OK for investing (but with the added hassle and spread cost of monthly rollovers), not for trading. Oanda would be a far better and less expensive alternative.
     
  5. Doji7

    Doji7

    Why carry at oanda is a killer?

    thanks
     
  6. Find a good broker and buy the hard currency. ie. Travelex... etc.

    Akuama
     
  7. Negative interest
     
  8. buy some yuan from a chinese......................
     
  9. FXGenius

    FXGenius

    Any idea of how much will Yuan get strong and in how much time?
     
    #10     Oct 31, 2007