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USD vs CNY

Ready for the mid-market exchange rate of USD (US Dollar) / CNY (Chinese Renminbi) for today’s?

The current rates for USD (US Dollar) / CNY (Chinese Renminbi) are available in this article. As a top finance news site the Born2Invest team has analysed the latest forex market data to bring you live information that enables you to make the right forex trading call every day.

Today's 1 USD (US Dollar) is 6.499197 of CNY (Chinese Renminbi) .

Remember to always trade using a reputable broker. It’s also possible to apply many forex concepts to cryptocurrency trading.

USD/CNY forex trading tips

Only a Limited number of brokers are offering USD/CYN pairings and its one of the newer offerings on the block. The Yuan is not entirely freely traded; it is slowly approaching that status. Yuan is somewhat pegged to the USD so you should expect anything that impacts the price of USD to impact Yuan.

When trading USD/CYN there are some important forex trading tips to keep in mind:

  • Keep an eye on the news: Trade wars, economic difficulties in Asia, and other news can all have a major impact on the exchange rate of USD/CYN.
  • The rise of China: CYN is increasingly being seen as a viable reserve currency and the price of CYN against USD is expected to rise over the coming years.
  • Watch the fed: The actions of The Fed can have major repercussions for the price of USD.

Forex trading isn’t all about USD/CYN, there’s many other currencies that might interest you:

  1. EUR/USD (Euro/US Dollar)
  2. USD/JPY (US Dollar/Japanese Yen)
  3. GBP/USD (British Pound Sterling/US Dollar)
  4. AUD/USD (Australian Dollar/US Dollar)
  5. USD/CAD (US Dollar/Canadian Dollar)
  6. USD/CNY (US Dollar/Chinese Renminbi)
  7. USD/CHF (US Dollar/Swiss Franc)
  8. USD/HKD (US Dollar/Hong Kong Dollar)
  9. EUR/GBP (Euro/British Pound Sterling)
  10. USD/KRW (US Dollar/South Korean Won)