Analysts at Societe Generale SA recommend investors to use options in order to benefit from the volatility of Chinese currency in the next month caused by the euro zone’s debt crisis.

According to the specialists, the possibilities of yuan’s decline and advance are equal, so it’s necessary to buy straddles that unite call and put options. On Monday yuan had the biggest gain since 2005, while yesterday it survived the most significant fall in 18 months.

Societe Generale strategists claim that the pair USD/CHY will trade the same way as the other dollar pairs if the concerns about the severe European situation rise again.

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