Tuesday, 21 April 2020

Hong Kong Dollar Curbed By HKMA as Covid-19 Measures Weaken USD

The Hong Kong Dollar has been a beneficiary of lower US interest rates. The gains have been apparently too much for the HKMA, which has taken action to weaken to weaken the currency.

from DailyFX - Market News https://ift.tt/34Vitom
via IFTTT

No comments:

Post a Comment

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...