Discussion in 'Forex Trading' started by Doji7, Oct 25, 2007.
How to to invest or trade Yuan ?
Oanda lets you play USD/CNY. The carry is killer, though.
<A HREF="http://www.cme.com/trading/prd/fx/chinese.html" TARGET="***">CME</A>
Might want to take a look at liquidity first:
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.
Why carry at oanda is a killer?
Find a good broker and buy the hard currency. ie. Travelex... etc.
EverBank might be what you are looking for: http://www.everbank.com/001WorldCurrencyAccess.aspx?LinkID=Body1
buy some yuan from a chinese......................
Any idea of how much will Yuan get strong and in how much time?
Separate names with a comma.