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Carry Trade Allure Puts Hong Kong Dollar Back on 7.85 Watch
Demand for carry trades is pushing the Hong Kong dollar toward the weak end of its trading band against the greenback. This suggests market movement is drawing attention to the 7.85 level.
Related Signal
Adjacent reporting
- Hong Kong Dollar Carry Trade Appeal Dims as Funding Costs Climb
- Hong Kong Dollar Hits 10-Month Low as Fed View Buoys Greenback
- Yuan May Hit Five Per Dollar on Carry-Trade Exit, Macquarie Says
- Hong Kong Dollar Nears Weak End on Low Volatility, Cheap Rates
- Carry Trade Is Powering On as Investors Sidestep Yen’s Gains
- Hong Kong Dollar Bond Sales Boom as Issuers Tap Into Haven Flows