UCHmain (CME USD/CNH - main 2412)
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China Sets Yuan Fix at Weakest Since November,What's Next?

The RMB exchange rate fell to a new low in seven months. What's the next?A few days ago, the dollar continued its strong performance against the renminbi in previous months. On June 26, as the the US Dollar Index soared, the exchange rate of the offshore RMB against the US dollar fell below 7.30 intraday, and the lowest point hit 7.308878. This is the first time since November 15, 2023 that it has broken through the above-mentioned mark.As of 07:00 on June 27, the offshore RMB exchange rate against the US dollar temporarily rose to the level of 7.298813, but the market is cautious about the prospect of a rebound in the RMB exchange rate. Why has the exchange rate of RMB against the US dollar declined recently? In fact, this phenomenon is caused by the interweaving of multiple factors.Chart
China Sets Yuan Fix at Weakest Since November,What's Next?

USD/CNH Surged, Trade UCHmain and other Futures for Profit?

Since April 19, the USD/CNH has changed the sideways trend near 6.38 since mid-April and began to break through the important mark of 6.41 for four consecutive days. It is also the first time that the USD/CNH has touched the level of 6.49 since August 16th, 2021. USD/CNH DAILY As of April 22, Tiger Trade $CME USD/CNH - main 2206(UCHmain)$  priced at 6.523,$Mini China Enterprises Index - main 2204(MCHmain)$  priced at 6.509. The three short-term trigger factors of the market consensus are: ① breakthrough of key points, ② strong US dollar and ③ foreign exchange purchase in the middle of the month. ① Breakthrough of ke
USD/CNH Surged, Trade UCHmain and other Futures for Profit?