1y expiry, 6.3 / 6.8 strike USDCNH call spread. Premium (offer) —0.30% of USD notional. Spot breakeven 6.318 USDCNH spot = 6.029, 1 y ATMF = 6.093 Inducative levels only. subject to market movement. Source: INS K<P London. 12t14. These premiums are very low compared to the potential returns if USDCNH tur