European exporters replace €/RMB options with forwards
European exporters operating in China have been replacing option hedges with forwards on the euro against the offshore renminbi following a weakening of the former, offering investors good entry levels to lock in to a trade. The forwards typically have a duration in excess of one year.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts