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Trader: The Hong Kong Monetary Authority's intervention triggered some Hong Kong dollar trap positions to Close Position.

GoldenOctober2024

2025-08-15 06:16:58

Jin10 data on August 15 reported that, according to two traders familiar with the trading situation, as the Hong Kong Monetary Authority's intervention tightened market Liquidity, some investors have closed their shorting carry trades on the Hong Kong dollar since Thursday. They stated that the Close Position of the dollar/Hong Kong dollar long positions led to a fall in the dollar/Hong Kong dollar spot price.

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