Is there any way to short the renminbi with very low interest rates for a long time

Discussion in 'Forex' started by Randalli, Aug 27, 2023.

  1. Peter8519

    Peter8519

    Selling RMB and buying USD. Don't think George Soros is involved in this one. It's capital flight.
     
    #11     Aug 27, 2023
  2. mervyn

    mervyn

    they have an offshore pool, like eurodollar, so it is not a capital flight per se but it will pressure the rating fixing to match, aka depreciation. but that is already expected, their rate is 3.45 while the fed is at 5.5
     
    #12     Aug 27, 2023
  3. Randalli

    Randalli

    #13     Aug 28, 2023
  4. Randalli

    Randalli

  5. Randalli

    Randalli

    Thank you
     
    #15     Aug 28, 2023
  6. zdreg

    zdreg

    trades in London not the US
     
    #16     Aug 28, 2023
  7. #17     Sep 7, 2023
  8. Picaso

    Picaso

    Maybe try UC futures in Singapore Exchange.
     
    #18     Jan 22, 2024
  9. kroxobor

    kroxobor

    What about using CNY CFDs? I see one in my Hotforex platform, how do I check if its cheap to short or not? Via daily swaps or are there other costs?
     
    #19     Jan 23, 2024
  10. maxinger

    maxinger

    Then you might be the only one trading it.
     
    #20     Jan 23, 2024