HKMA Intervenes Again, USDHKD Doesn't Budge

Nasdaq: HKMA intervenes as HK dollar weakens, buys HK$1.57 bln
The Hong Kong Monetary Authority (HKMA) stepped into currency markets on Tuesday, buying HK$1.57 billion ($200.0 million) as its currency hit the weak end of its trading band.
Today's action in the U.S. will only increase the pressure on Wednesday.

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