Hong Kong Monetary Authority responds to Federal Reserve interest rate decision
2025-07-31 13:15:42 /

the Hong Kong Monetary Authority responded to the Federal Reserve's interest rate decision, stating that the Federal Reserve's decision to maintain interest rates unchanged is in line with market expectations. Currently, the Hong Kong-US interest rate differential still makes carry trade attractive, hence keeping the Hong Kong dollar close to the 7.85 level. However, at the same time, there has been strong demand for Hong Kong dollar funds related to stocks recently, providing some support for the Hong Kong dollar. Depending on changes in the supply and demand of Hong Kong dollar funds in the future, as well as other uncertainties including the Federal Reserve's monetary policy and interest rate trends, the sentiment in the stock investment market, external financial markets, and global capital flows, the "weak-side exchange rate guarantee" may be triggered again.

Disclaimer: This specification is preliminary and is subject to change at any time without notice.

Recommended reading
Huang Licheng, the "Big Brother" of Maji, reduced his long position in PUMP, resulting in a floating loss of $4.47 million

07-31 13:15

Binance to Support Injective (INJ) Network Upgrade and Hard Fork

07-31 12:13

A certain whale address has withdrawn a total of 113,000 ETH from FalconX in the past 6 days.

07-31 12:13

The Bank of Japan kept interest rates unchanged, in line with market expectations

07-31 12:13

A certain swing trading whale address started selling ETH to take profits, selling 1,000 ETH in the past half hour.

07-31 12:13

Web3 game Aria completes $5 million in financing, led by Folius Ventures and others

07-31 12:13

US Ethereum reserve concept stocks continued to rise in the night session, with SBET and BMNR rising by more than 4%.

07-31 12:13

Hong Kong Monetary Authority: Stablecoin issuers must “identify and prevent” customers from using VPNs

07-31 12:13

The Tornado Cash co-creation case enters jury deliberations and may rewrite the boundaries of developer legal liability

07-31 11:08

Three newly created wallets purchased a total of 73,821 Ethereum within 8 hours, equivalent to approximately US$283 million.

07-31 11:08

Samourai Wallet co-founders face up to five years in prison

07-31 11:08

Crypto Treasury's cumulative market capitalization soars to $160 billion

07-31 11:08

US spot Ethereum ETF saw a net inflow of $6.2 million yesterday

07-31 11:08

Payment service provider Due completes $7.3 million seed round led by Speedinvest

07-31 11:08

Societe Generale's head of U.S. interest rate strategy, Rajappa, said the possibility of a Fed rate cut in September remains

07-31 10:14