CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The base currency – USD. The counter currency – CNH. The USD to CNH chart is the US dollar to the Chinese yuan currency pair. It shows how much the USD is worth when measured against the CNH. The top global currency, the USD is the most widely used reserve currency in the world. The yuan, often referred to as the Renminbi, was traditionally pegged to the US dollar, but has recently allowed more convertibility and greater flexibility from the reserve currency. Today China is the world’s largest exporter and the 2nd largest economy after the USA. To catch up with latest USD to CNH rate, follow Capital.com.
Explore the ongoing AUD/USD downtrend ahead of Australia's GDP data release. Understand economic drivers, RBA policy, and technical signals impacting the Australian Dollar.
Higher-than-expected monthly CPI data watered down expectations for RBA interest rate cuts in 2024; the markets will now shift attention to quarterly GDP data on Wednesday, June 5.
09:55, 5 September 2024
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