Uncertainty over the dollar’s dominance could “open the door for the euro to play a greater international role,” according to ...

FUTU's Q1 2025 earnings exceeded expectations by 3%, as its commission fees more than doubled YoY in the same time frame.

UBS noted that the Hong Kong Monetary Authority (HKMA) has engaged in substantial intervention during May to defend the band.

The dollar falls to a two-week low amid mounting concerns over spiralling U.S. government debt as President Trump tries to ...

HONG KONG] The Hong Kong dollar weakened to a near one-year low against the US dollar on Monday (May 19), reversing the ...

This has resulted in the HKMA selling over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, in order to defend the currency’s peg to the world’s reserve currency. The Hong ...

The Hong Kong dollar’s rally to HK$7.75 triggered intervention from the HKMA to sell Hong Kong dollars to defend the currency’s peg to the greenback, Mizuho Securities Asia’s Ken Cheung said ...

The Hong Kong dollar is pegged to a band of between 7.75 and 7.85 versus the US dollar. The aggregate balance, the key gauge of cash in the banking system, will increase by HK$116.6 billion on May ...

The dollar’s decline continued over the weekend, as several Asian banks resorted to offloading their USD reserves amid the appreciation of their domestic currencies. On the other hand, OPEC+, led by ...