Hong Kong Dollar Drops To More Than 2-week Low Against U.S. Dollar
12 May 2011 - 1:22PM
RTTF2
During Asian session on Thursday, the Hong Kong dollar fell to
more than a 2-week low of 7.7743 against the U.S. currency,
reversing from an early 3-day high of 7.7700. The Hong Kong dollar
is now trading at 7.7735 versus the greenback with 7.8 seen as the
next downside target level. The pair closed Wednesday's trading at
7.7721.
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