USDCNH
Market is open. Closes in 91h 22m
US Dollar vs Chinese Offshore Yuan
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
100000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
2.6 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
0.03% |
|
Long swap, points
|
-10.536 |
|
Short swap, points
|
-10.92 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
USD |
| Trading time (MT server time) | |
|---|---|
| Market is open. Closes in 91h 22m | |
| Sunday | - |
| Monday | 00:02 - 24:00 |
| Tuesday | 00:00 - 24:00 |
| Wednesday | 00:00 - 24:00 |
| Thursday | 00:00 - 24:00 |
| Friday | 00:00 - 23:58 |
| Saturday | - |
Description
The USDCNH pair tracks the value of the US dollar (USD) against the Chinese offshore yuan (CNH). CNH is the version of the yuan traded outside mainland China, offering more market-driven pricing.
Factors influencing USDCNH:
- Monetary policy: Divergences between the Federal Reserve and People’s Bank of China (PBOC) policies.
- Trade relations: US-China trade disputes and agreements directly impact this pair.
- Chinese economic data: Growth rates, industrial output, and capital controls influence the yuan.