USDHKD is like a celestial body pulled into the orbit of a black hole. The event horizon is 7.85.
Not sure why the Stockcharts.com data has it crossing 7.85 (I don't see that elsewhere). The price is slowly compressing into 7.85, the peg limit.
FOMC Preview: No Change to Fed Funds Rate
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Most analysts expect there will be no change to the federal funds rate at
the meeting this week keeping the target range at 5‑1/4 to 5-1/2 percent.
Fed Ch...
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