Fed’s dovish policy will not erase carry trade risks in Hong Kong dollar, analysts say

The Hong Kong dollar’s rebound on Thursday after the US Federal Reserve surprisingly decided to halt its interest rate increases will only be temporary because traders will continue to exploit the gap between Hong Kong and US market interest rates trade activities conducted by traders as global central banks turn to similar looser monetary policies to combat the global economic slowdown, analysts said.The US dollar fell against Asian currencies, including the Hong Kong dollar, following the Fed…

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