U.S. Dollar / Hong Kong Dollar USDHKD

dchua1969 Updated 

Read latest news here A weakening HKD is good for the Hong Kong economy especially for the exporters. I think there will be some policies coming out from China as HK is now part of China and how HK implement its new policies will much depends on the strategic directions of the central government of China. So, I will not be rushing to place my bets so soon but...

MrAndroid Pro+

This chart shows the very tight band that the Hong Kong dollar is held in. Today the Hong Kong stock market has spilled significantly and I wonder if this peg can hold. Certainly the price is pushing against the top of the range.

TradingShot Premium

The USDHKD pair naturally has a tight trade but at times gets volatility shocks. A signal that since 2017 has triggered such shocks to the downside has been flashing on the 1D RSI. As you see during that period, every time the 1D RSI formed Lower Highs while the candle action was either rising or flat, a strong drop occured. We have another 5 such occurrences....

GregTheSpider69

The Hong Kong Dollar is about to be massively devalued against the US dollar.

xyxfreeman

Nowday, everything in China is problem.USDCHN is also my target.

Itcha_ Premium

Hong Kong has been facing quite a lot of pressure from Mainland China, and a good portion of their higher networth population are sending assets abroad to diversify from Asia risk. The HKD is softly pegged to the USD and they've been maintaining this peg for 40 years. Their stock market is at a very key level of 20k HKD and could start to break down (the HKMA uses...

thesharkke

Looking for sells on this pair. The HKD is at the bottom

Zugswang

This is the highest USDHKD has ever been every logical trader woukd understand that with the conciding highest levels of inflation and threaths on the US economy due to inflation and skybrocketing gas prices and shortage a probably drop is eminent.

AmarPearson Pro+ Updated 

Based on previous events for whatever reason, USDHKD has never broken above $7.85 and has never broken below $7.75. This is an exotic pair, therefore the spread would be large depending on your broker. Also their may be a interest fee paid or received just for being in the trade. Ive been waiting for price to reach this area for quite some time. I was able to...

roescalator

looks like 7.85 is a very important level. with the US dollar being so strong I was expecting to break this level

DNP-FX

As one of the world's leading international financial centers, Hong Kong's service-based services are characterized by low taxes, nearly free ports and good international financial markets. Hong Kong Monetary Authority (HKMA) has sold US dollar to marking the first intervention of the HKMA in over three years. It will continue to closely monitor market situations...

QuantumLogicTrading

hkd fx reserves had the biggest plummet of 10% in a few months - biggest on record. at some point peg will break as FX reserves run dry. will be repriced to 8.6 at least.

MDavi Pro+

Three years ago the HK protests focused our attention on the US dollar to HK dollar linked exchange rate. Back then, we speculated whether the relationship could hold in the face of Chinese ambitions, extreme levels of leverage and the US-China ‘trade war’. With some of these factors back in play, it’s worth revisiting. Back in 2019 the band was approaching the...

mgiuliani Pro

Under the USD-HKD peg, HKD interest rates will track on higher USD rates amid the Fed’s rate hike cycle. Currently interest rate market is pricing in more than 8 Fed’s rate hikes in the rest of this year and HKD interest rates are set to remain under upward pressure. We expect HKD spot to weaken to 7.85 level in H2-22 and the HKD liquidity drainage via HKMA’s FX...

thesharkke

Hello, I trust you are taking some of this trades & making money. The USDHKD is close to the top and we will be looking for a sell on this pair. The pair has already started forming a reversal pattern signaling to us that we are coming to the end of the bullish trade. The HongKong dollar is currently trading at 7.83810 per greenback. Good luck and please...

mdamante Pro+

As there appears to be much discourse around the status of the dollar as "the world reserve currency", it seems interesting to me that the standard measure of the dollar's strength is not weighted in this way. Here I am attempting to reconcile the standard dollar index (DXY), which measures the strength of the USD against a basket of other currencies (see below),...

TradeLive- Pro

Target Price 7.84883

PRECY- Pro

USDHKD, possible drop to at least 7.82715 . cancellation if break of 7.83598. this does not constitute a solicitation to trade.