Convert EUR to CNY
The EUR/CNY currency pair experiences price action on the release of important economic data from the Eurozone as well as from China, including GDP, inflation, retail sales, consumer confidence, business sentiment, trade balance and PPI.
The EUR/CNY forex pair sees maximum volatility during the Asian and European sessions, giving traders a wide window during the day when the most relevant market moving events can affect the pair release. Forex traders can consider placing their trades in this pair between 11:00 PM and 04:00 PM GMT.
EUR/CNY touched a low of 7.5430 on 19 February 2020. This was the weakest value the currency pair traded at during 2020.