The Hong Kong Monetary Authority acts as Hong Kong's central bank.
Earlier post:
Reuters report the HKMA bought 1.586bn HKD against the USD to defend the peg (HKD weakening).
See that post linked above to see the peg in action (chart).
Daily chart:
ADVERTISEMENT - CONTINUE READING BELOW
Search investingLive
Directory
More on the Hong Kong Monetary Authority intervention to sell USD
- Sold USD, bought HKD
ADVERTISEMENT - CONTINUE READING BELOW
- Tags
- USD
Most Popular
- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- There's still mud in the waters on how things are playing out with the Strait of Hormuz
- Nasdaq technical analysis today at investingLive.com shows a way to trade Nasdaq
- investingLive Asia-Pacific FX news wrap: Bleak Friday for Asian equites, Korea down 8%
- Tokyo shares down ~4%, South Korea down ~6%. Fingers pointing at OpenAI IPO delay
- UBS targets $5,200/oz gold , sees current dip as buying opportunity
- Equities on the slide. US futures down, Asian indexes down.
ADVERTISEMENT - CONTINUE READING BELOW
Best in 2026
Sponsored
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
Telegram Community
Gain Access
Oil dips 2% as Hormuz traffic resumes, ignoring tanker hit. Supply outlook weighs on prices.
Reuters
30m ago
Mortgage rates hover near 6.5%, signaling a flat housing market despite inflation shifts. Refi outlook uncertain.
thestreet
33m ago
Korean 'Ant' army fuels AI stock frenzy. High valuations, but massive potential returns.
Bloomberg
1h ago
Tech stocks tumble $1.3T on AI jitters, but futures hint at a bounce. Oil prices hit new lows.
YahooFinance
2h ago
investingLive Asia-Pacific FX news wrap: Bleak Friday for Asian equites, Korea down 8%
investingLive Exclusive
2h ago
Tokyo shares down ~4%, South Korea down ~6%. Fingers pointing at OpenAI IPO delay AUD and Kiwi slapped lower too.
investingLive Exclusive
3h ago
Gold will recover to US$5,200 an ounce over the next 12 months as the Fed moves toward rate cuts and the dollar weakens, UBS says, calling the current pullback a buying opportunity.
investingLive Exclusive
3h ago
Telegram Community
Gain Access
Best in 2026
Sponsored
Must Read
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}