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CME Group opened trading in options on Chinese yuan futures on Monday, April 3, aiming to deepen a market used for hedging currency moves. The product gives investors a new tool to manage yuan exposure.
The launch improves hedging access for yuan exposure but has no direct effect on feed supply, demand or prices.
reuters.comGeorgina LeeApr 2, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
