The offshore RMB (CNH) against the US dollar was reported at 7.1121 yuan at 04:59 Beijing time, up 233 points from late New York last Friday. The overall trading during the day was in the range of 7.1238-7.0869 yuan. Traders cut bets on Trump winning the U.S. election, as the one-week implied volatility of the U.S. dollar/offshore yuan hit a record high, underscoring continued tensions.
Forex 7x24
2024-11-05 08:10:30
2.39W
The offshore RMB (CNH) against the US dollar was reported at 7.1121 yuan at 04:59 Beijing time, up 233 points from late New York last Friday. The overall trading during the day was in the range of 7.1238-7.0869 yuan. Traders cut bets on Trump winning the U.S. election, as the one-week implied volatility of the U.S. dollar/offshore yuan hit a record high, underscoring continued tensions.
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