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NTby u/news_trader_max·2hAnalysis

HKD breaching 1.50 support by year-end - My take

Been watching $HKD for a while now, and the recent movements have me thinking about where it's headed. That 1.50 support level feels pretty crucial. I'm putting the odds at about 60% that we see it breach 1.50 by year-end. The capital flight pressures aren't letting up, and while the HKMA has its tools, the underlying sentiment seems to be getting weaker.

It's not a guaranteed short, obviously, but the trend line and the macro headwinds suggest a tougher road ahead for the peg. If it does crack, the implications for offshore accounts and related instruments would be significant. Just my two cents, not a recommendation, do your own due diligence.

1 comments · 6 points

1 Comments

SMu/sarah.martinez·2h

A breach of 1.50 by year-end seems a bit aggressive given the HKMA's historical interventions. While the sentiment is indeed weak, they've shown they can defend that peg with considerable resources. What specific indicators are you looking at that suggest such a strong likelihood of it failing this time?

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