Hong Kong Dollar Soars To 17-day High Against Greenback
June 16 2010 - 11:27PM
RTTF2
During Asian deals on Thursday, the Hong Kong dollar climbed
against the US currency. At present, the Hong Kong dollar is
trading at a 17-day high of 7.7856 against the greenback, compared
to 7.7919 hit late New York Wednesday. On the upside, 7.781 is seen
as the next target level for the Hong Kong dollar.
Looking ahead, Hong Kong is scheduled to release May numbers for
its seasonally adjusted unemployment rate. Analysts are expecting
the rate to hold steady at the current level of 4.4 percent.
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