Tag Archives: china

Can the Yuan be a reserve currency?

0 Comments

With ongoing pressure on the dollar the worlds reserve currency was in question. The greenback was under extreme pressure when it hit the infamous 2 to 1 against the pound. Volatility has been pushing it around against both the Euro and Yen, so what now for investors, stick with the dollar or look elsewhere?
Read more

TAGS: , , , , , , , , , , ,

FXDD Announces Four New Currency Pairs for Retail Traders including USD/CNH

0 Comments

FXDD, a leader in online Forex trading and education, today announced the addition of four new currency pairs available to all retail currency traders:
United States Dollar/Offshore Renminbi (USD/CNH)
Read more

TAGS: , , , , , , , , , , , , , , , , , , ,

Better hedging tools for Chinese corporates – FX Options and swaps to be traded onshore

0 Comments

China’s FX markets have been growing since the world’s second largest economy has been exposed to FX risk with a massive rise in global exports in the last 20 years. The renminbi has been controlled by the central bank and had very little fluctuation. The Peoples Bank of China made minor changes in 2005 when it allowed the Chinese Yuan to float against the US dollar within a certain range.
Read more

TAGS: , , , , , , , , , , , , ,

PFGBEST Enters China

0 Comments

It is no surprise to us that PFGBEST is focusing on China. Just to give you an idea on the potential for currency trading in China: Industry leader FXCM announced that Chinese residents accounted for $418 Billion in volume for the fiscal year 2010.
Read more

TAGS: , , , , , , , , , , , , , , , , , , , , , ,
Mirror Trader Leverate

Note: Copyright © 2011 Forex Magnates. All rights reserved.

All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Forex Magnates. You may not alter or remove any trademark, copyright or other notice from copies of the content. All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at Forex Magnates are those of the individual authors and do not necessarily represent the opinion of Forex Magnates or its management. Forex Magnates has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by Forex Magnates, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. Forex Magnates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2011 "Forex Magnates Inc. - Home of the Forex Elite" All Rights Reserved.