PhillipCapital®, the PhillipCapital® logo, and all other trademarks are the property of Phillip Capital Inc. In January 2017, SGX USD/CNH futures soared to a monthly record high of 107,858 contracts (US$10.8 billion notional), a 10% increase over the previous record USD CNH of 98,145 contracts (US$9.8 billion notional) in November 2016. More content, faster quotes and charts, and a smoother experience is available only on the App. Get free real time quotes, charts and alerts on stocks, indices, currencies, commodities and bonds.

Alternatively, you may also want to try out the XM WebTrader, instantly accessible from your browser. We offer a range of over 55 currency pairs and CFDs on precious metals, energies and equity indices with the most competitive spreads and with the no rejection of orders and re-quotes execution of XM. Webull Financial LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission . Webull Financial LLC is a member of the Financial Industry Regulatory Authority , Securities Investor Protection Corporation , The New York Stock Exchange and NASDAQ.

Technical Levels

Please set the settings below to filter and anlyze currency volatility in real time. Also use the compare option to compare 2 different currency volatility side by side. Magnasale Trading Ltd is the principal to the CFD purchased by investors on this website.

As both the U.S and China are two of the world’s major players, any changes in their respective economies or politics can lead to shifts in Market Analysis the USD/CNH price . Additionally, the Chinese government limits the supply of the Yuan, so the demand normally is bigger than the supply.

Market Update: November 4

Again, DXY has traded sideways just above long term support since late July . Global FX and CFD broker FXOpen has today announced they are offering traders the opportunity to compete with the best, to win 50,000 USD, with the launch of the ForexCup Trading Championship 2021. The LP Protection Function is available for LPs of the USD/CNH Options contracts who provide continuous quotes. HKATS will also prevent such LP from entering new quotes for a pre-defined period of time after such order cancellation function has been triggered.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. HKEX plans to launch the new Mini USD/CNH Futures in the first half of 2021, subject to market readiness. MT4MT4 is one of the world’s most popular trading USD CNH platforms. USD/CNH has held a fairly tight range so far, which is not surprising given that China is off for holidays. The pair has edged higher and last trades +42 pips at CNH6.7880, just shy of session highs. A push through Sep 24 high of CNH6.8462 would draw attention to Sep 9 high of CNH6.8610.

Offshore Chinese Renminbi

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Conversely, bears see Sep 16 cycle low of CNH6.7424 as their main near-term target, as a break here would confirm the resumption of a downtrend. Please, consider turning off the ad blocker or adding market24hclock.com as an exception in the ad blocker settings. Enter the amount to be converted in the box to the left of Chinese Offshore Yuan. Use „Swap currencies“ to make United States Dollar the default currency. Click on United States Dollars or Chinese Offshore Yuan to convert between that currency and all other currencies. This Chinese Offshore Yuan and United States Dollar convertor is up to date with exchange rates from January 27, 2021.

With the tool below, you will be able to determine which pairs are the most volatile. You can also see which are the most and least volatile hours of the week, days and months for specific pairs. The positive fundamental factors gel well with the bullish CNH picture painted by USD/CNH’s bear flag breakdown confirmed on Tuesday. The pattern suggests a continuation of an eight-month downtrend and has exposed support of 6.4119 – the level observed on Jan. 5. Keep in mind that trading with margin may be subject to taxation. You are solely responsible for withholding, collecting, reporting, paying, settling and/or remitting any and all taxes to the appropriate tax authorities in such jurisdiction in which You may be liable to pay tax. PrimeXBT shall not be responsible for withholding, collecting, reporting, paying, settling and/or remitting any taxes which may arise from Your participation in the trading with margin.

Techs: Ceemea Fx Price Signal Summary: Usdrub Strength Extends

Due to a migration of services, access to your personal client area is temporarily disabled. An alternative Alpari website offers services that are better suited to your location. We’re in the process of digging up more data for this range. Volatility is a term used to refer to the fluctuations in price over time. The more price fluctuates, the higher the volatility is considered to be.

RMB volatility is driving record turnover in our USD/CNH futures contract, with several records set in June and July 2018. Please provide values below to convert USD to CNH [Chinese Yuan ], or vice versa. 1000 USD default value is entered at USD to CNH currency converter below, the amount which is entered in converter you can easily modify. Since you’re not logged in, we have no way of getting back to you once the issue is resolved, so please provide your username or email if necessary.

Hkex To Introduce Protection Function For Lps Of Usd

For more information regarding the trading conditions, please click here. We recommend trying out cheaper alternatives like TransferWise. Your money is always converted at the real exchange rate; making them up to 8x cheaper Trading Events than your bank. The USD/CNH is traded in amounts denominated in the US Dollar. Employment Change – The Sterling is also sensitive to changes in employment, as slacks in the labor market causes a drop in Inflation rates.