The Hong Kong Monetary Authority triggered the weak-side exchange rate mechanism and bought HK$64.29 billion in the market.

09:42 05/08/2025

In the early morning of August 5th, due to the weakening of the Hong Kong dollar triggering the weak side exchange guarantee of 7.85 Hong Kong dollars to 1 US dollar, the Hong Kong Monetary Authority entered the market during the New York session, buying 6.429 billion Hong Kong dollars and selling US dollars.

On the early morning of August 5th, due to the weakening of the Hong Kong dollar triggering the weak side exchange guarantee of 7.85 to 1 US dollar, the Hong Kong Monetary Authority entered the market during the New York session, buying 6.429 billion Hong Kong dollars and selling US dollars. The total balance of the Hong Kong banking system will be reduced to 72.461 billion Hong Kong dollars tomorrow.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

Choose a Fed chairman who is "willing to lower interest rates", the history of American presidents has always been "difficult to fulfill their wishes"!

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

Choose a Fed chairman who is "willing to lower interest rates", the history of American presidents has always been "difficult to fulfill their wishes"!