Back

HKMA: Hong Kong dollar (HKD) remains steady after FOMC decision

In response to the FOMC monetary policy decision, the Hong Kong Monetary Authority (HKMA) that “the HK dollar (HKD) remains steady” after Fed Chair Powell’s dismissal of tapering talks smashed the US dollar.

Additional quotes

“Money markets are operating smoothly, there is ample liquidity.”

“The HKD exchange rate and HK interest rates remain steady.”

AUD/USD Price Analysis: Eyes March highs near 0.7850

AUD/USD rose sharply after the FOMC decision. Bulls are looking for a test of multi-week high near 0.7850. Near-term technical outlook remains neutra
Read more Previous

NZD/USD Price Analysis: Drops amid overbought RSI, eyes 21-HMA support

NZD/USD is correcting from eight-week highs of 0.7287, as the US dollar is attempting a comeback across its main peers after the dovish Fed-induced se
Read more Next