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USD/HKD hit off 7.7500 after continual HKMA intervention

Monday, April 27, 2015 6:18 AM UTC

Strong inflows into stocks cont to pressure pair
Hang Seng hit fresh 7-yr highs, index lat +1.44%
Selling pressure should cap rallies to 7.7510-20 window though
Pair last at 7.7504-08, traded 7.7500-08

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USD/HKD hit off 7.7500 after continual HKMA intervention

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