This report provides the real-time exchange rate between the Hong Kong Dollar (HKD) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, operating under a fixed peg system, while the U.S. Dollar (USD) is the world’s primary reserve currency. The exchange rate between them reflects market dynamics within this pegged framework and investor confidence in both currencies’ stability.
Today’s Price
1 HKD = 0.128 USD
24h High: 0.12798 USD
24h Low: 0.12793 USD
Market Analysis
The HKD/USD pair is currently trading within a narrow range, reflecting the stability of Hong Kong’s currency peg system. Technical analysis indicates a strong sell signal across multiple indicators.
Technical levels: Key support at 7.80 and 7.75, resistance levels at 7.83, 7.85, and 7.87 (USD/HKD inverse), with pivot point at 7.81
Risk note: The 14-day RSI reading of 37.99 suggests neutral conditions, with recent 30-day volatility at 0.10%
Trading opportunities: Monitor the horizontal trading range between HK$7.84 and HK$7.86, with attention to the long-term demand level at 7.779
Conclusion
Continue to monitor the HKD/USD pair closely, keeping in mind the fixed peg framework that constrains price movements. For traders, focus on technical support and resistance levels within the established trading range, and remain alert to any policy adjustments from Hong Kong monetary authorities that may influence the peg dynamics.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Today's HKD to USD Price Update
Summary
This report provides the real-time exchange rate between the Hong Kong Dollar (HKD) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, operating under a fixed peg system, while the U.S. Dollar (USD) is the world’s primary reserve currency. The exchange rate between them reflects market dynamics within this pegged framework and investor confidence in both currencies’ stability.
Today’s Price
Market Analysis
The HKD/USD pair is currently trading within a narrow range, reflecting the stability of Hong Kong’s currency peg system. Technical analysis indicates a strong sell signal across multiple indicators.
Conclusion
Continue to monitor the HKD/USD pair closely, keeping in mind the fixed peg framework that constrains price movements. For traders, focus on technical support and resistance levels within the established trading range, and remain alert to any policy adjustments from Hong Kong monetary authorities that may influence the peg dynamics.