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AnthonyLi7f

USDCNH Short Idea!

Short
U.S. Dollar/Chinese Yuan (FX:USDCNH)  
AnthonyLi7f  
FX:USDCNH   U.S. Dollar/Chinese Yuan
USD CNH
5
0
usd cnh
Fundamentals
-Chinese purge of risky assets
-risk taking
-emerging markets uptrend
-housing bubble does not affect short term

Technicals
-Triangle

Pros
-Least affected by Fed decisions

Cons
-Rebalancing of USDHKD may result in unwanted spillover to Renminbi
-Donald Trump
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