Hong Kong Dollar Hits 13-month Low
The Hong Kong Dollar touched 7.85 against the USD, the lowest since August 2025. Over the past 4 weeks, US Dollar Hong Kong Dollar gained 0.1%, and in the last 12 months, it increased 0.83%.
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The Hong Kong Dollar touched 7.85 against the USD, the lowest since August 2025. Over the past 4 weeks, US Dollar Hong Kong Dollar gained 0.1%, and in the last 12 months, it increased 0.83%.
The Hong Kong Dollar touched 7.85 against the USD, the lowest since August 2026. Over the past 4 weeks, US Dollar Hong Kong Dollar gained 0.1%, and in the last 12 months, it increased 0.82%.
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
China's yuan strengthened to its highest level in over three and a half years against the US dollar on Monday, reaching 6.6957 per dollar, as the central bank appeared to ease its efforts to curb appreciation ahead of a summit between Chinese and US leaders.
The Hong Kong Dollar touched 7.84 against the USD, the lowest since August 2026. Over the past 4 weeks, US Dollar Hong Kong Dollar lost 0%, and in the last 12 months, it increased 0.82%.
U.S. stock futures are lower as President Donald Trump announces “Operation Economic Fury” against Iran, lifting geopolitical tensions and pushing Brent crude higher.