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Trade Chinese Currency

Friday 23rd of May 2014

Pepperstone is proud to announce the addition of the USDCNH currency pair.

This pair provides Pepperstone traders with the ability to access new exposure to China's currency, the Renminbi (RMB). Traded off-shore through Hong Kong as USDCNH, the USDCNH market has grown in investor interest and volatility in recent years since the loosening of trading limits imposed on China's currency market.

With China's central bank now allowing a daily 2% fluctuation in Renminbi movement, and with growing perception that Chinese economic growth is slowing, there is strong potential for further exchange-rate reforms in coming years that may reveal further trading opportunities in the USDCNH market.

To view this pair within your MT4 Platform Simply Right Click on Market Watch and Select 'Show All'