is short USD/CNY a sure thing?

Discussion in 'Forex' started by PaulRon, Apr 9, 2008.

  1. PaulRon


    is it?
  2. Lucrum


    There are only two "sure things", death and taxes.
  3. Daal


    negative carry offsets capital gain. im talking about oanda's pair here
  4. plax


    Agree with Daal, nice consistant down trend, but side way spells get badly eaten by negitive carry. I know, I tried the the trade.
  5. You might want to check out the USD/CNY on the CME fx futures. It probably isn't very liquid, but for a long term trade, this might not be such a big deal. the swap is somthing you need to look into though