Question:

I am interested in in investing in chinese Yuan, I have only found wisdomtree's Etf does any one have any?

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other ideas on how to invest in currency?

Thanks

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  1. Do you want to speculate on the chinese yuan, or put your money in chinese investments?

    If you want to speculate on the exchange rate of the chinese yuan, open a forex account with an online broker that has the chinese yuan as one of the currencies on their list. OANDA.com is a broker I use to trade currencies and you can trade the USD/CNY (US Dollar vs Chinese Yuan) pair.

    As a currency trader, I do not trade the CNY as the spread between the buy and sell prices are too steep--100 pips. I prefer to trade the Hong Kong Dollar (USD/HKD) instead, where the spread is only 5 pips at most.

    If you wish to invest in chinese assets, ETF's are as good as any. You can find more of these in yahoo and google finance.

    Hope this helps.

    - Jim http://jsforex.blogspot.com

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