Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (email@example.com) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
CME RMB deliverable futures launched reflecting EUR strength
Russell J. Dinnage
CME’s decision to launch a new RMB deliverable futures contract reflects FX market anticipation that the EUR will continue to strengthen in the near-term as the Chinese currency weakens, says CME head of FX in Asia KC Lam.
To receive similar stories, sign up for Forex emails.