CNY tradeable in near future?

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Nov 21, 2013 03:15 pm

Purplemoney User

Posts: 35
Member since: 05/11/2013

I just read this from FxStat's Tweet saying CNY is likely tradeable in the future? I think this would change FX markets greatly and definitely worth a discussion, it is predicted to be the 2nd most traded currency after USD by 2015. http://bloom.bg/1ixgxoj

This would be very interesting to see since China has the 2nd largest economy in the world, particularly USD/CNY, and would change the way i trade dramatically. Does anyone else share this view?

Dec 17, 2013 12:47 pm

ironical User

Posts: 734
Member since: 22/04/2011

USD/CNY is already tradeable in forex.. The link you gave actually analyze CNY by providing overview of increase in strength of China's economy and popularity of CNY.

The good or ill of a man lies within his own will. – Epictetus

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