USDHKD is trading with very minimal volume in recent sessions

𝔹𝕖𝕗𝕠𝕣𝕖 𝕪𝕠𝕦 𝕣𝕖𝕒𝕕 𝕥𝕙𝕚𝕤 𝕚𝕕𝕖𝕒, 𝕡𝕝𝕖𝕒𝕤𝕖, 𝕔𝕝𝕚𝕔𝕜 𝕥𝕙𝕖 𝐋𝐈𝐊𝐄 𝐛𝐮𝐭𝐭𝐨𝐧 𝕥𝕠 𝕤𝕦𝕡𝕡𝕠𝕣𝕥 𝕞𝕪 𝕨𝕠𝕣𝕜.
𝕀 𝕨𝕠𝕦𝕝𝕕 𝕒𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕖 𝕚𝕥.

The pair is trading with very minimal volume in recent sessions. The 50-day moving average is heading steeply downward, indicating prevalent bearish sentiment for the pair. Over in Hong Kong, the latest protests aren’t with posters and protests, with people voting with their wallets. The city’s economy has previously sunk in the second and third of 2019, recording a technical recession and the first time in a decade that its economy declined for two quarters in a row. Businesses have faced declining sales. Phone apps have been showing up, and these apps are showing apps of businesses believed to be supporting protest and those that are not. Most businesses have taken damage to their sales because of the slowing economy and fewer tourists. For instance, Chow Tai Fook, which is one of the biggest jewellery retailers, announced that it would close a number of its stores.