Sunday, 14 October 2012

USD/CNH Quiet On China Holiday; 6.3050-6.3080 Tipped


The USD/CNH, or offshore USD/CNY, is at 6.3065, unchanged from late Wednesday, amid quiet trade due to China's week-long holiday. "Trading interest for the CNH usually comes from Chinese clients. Overseas interest has been limited," says a senior trader at a Chinese bank, who tips a tight band of 6.3050-6.3080 for the pair this week.

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1 comment:

  1. Thank you for your post, I look for such article along time,today i find it finally.This post give me lots of advise it is very useful for me .I will pay more attention to you ,I hope you can go on posting more such post, i will support you all the time.China Holidays


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