FX Trends & Featured Warrants

Stay on top of exchange rate trends for major currencies against the Hong Kong dollar and U.S. dollar, and explore our selection of FX call and put warrants.

HKD Currency Pairs

CNHHK

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Price 1.1782
vs Previous 4:00 PM Ref. Price​ +0.0014 (+0.12%)

Bullish on CNH/HKD

Bearish on CNH/HKD

GBPHK

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Price 10.4404
vs Previous 4:00 PM Ref. Price​ +0.0188 (+0.18%)

Bearish on GBP/HKD

USD Currency Pairs

GBP

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Price 1.3308
vs Previous 4:00 PM Ref. Price​ +0.0019 (+0.14%)

Bullish on GBP/USD

Bearish on GBP/USD

Forex Data provided by Refinitiv | Last updated: 2026-10-29 14:10| Data updated in every 10 minutes

Major HKD Currency Pairs Performance

Period
Data provided by Refinitiv | Last updated: | Data from to

Economic Calendar

Stay on top of global economic data and central bank developments to navigate FX market opportunities.

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The time shown above is Hong Kong time, which is GMT+8 hours.

FX News

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The Federal Reserve kept the target range for the federal funds rate unchanged as expected. The HKD remained stable this morning (29th), with a peak/trough of 7.8438/7.8460. The spot USD T/T rate last reported at 7.8456.

The aggregate balance of the banking system next Monday (November 2) is projected at HKD53.999 billion.
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Dowson Tong, Senior Executive Vice President of TENCENT (00700.HK) and CEO of Cloud and Smart Industries Group, said the company will roll out new Hunyuan models Hy4 and Hy4 flash.

Compared with the previously released Hy4 preview, Hy4 enhances capabilities for various long-context and real-world productivity tasks, improves chain-of-thought efficiency, and introduces visual understanding for the first time. Hy4 flash is positioned as a cost-effective and practical model.
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NEW ORIENTAL-S (09901.HK) opened sharply lower by 8.33% today (29th), bottoming at HKD36.72. It last posted at HKD36.96, down 13.56%, with trading volume of 5.5358 million shares and turnover of HKD212 million.

After NEW ORIENTAL-S and EAST BUY announced results for 1QFY27, Goldman Sachs issued a report saying revenue momentum for both companies remained solid, but margin was weaker than expected. The broker maintained a Buy rating on NEW ORIENTAL-S and lowered its 12-month TP to HKD54, while cutting the TP for New Oriental Education & Technology (EDU.US) ADR to USD69. It also maintained a Sell rating on EAST BUY and raised its 12-month TP to HKD17.

Goldman Sachs raised its FY2027-29 revenue forecasts for NEW ORIENTAL-S by 3% given strong domestic tutoring demand and accelerating e-commerce GMV growth, and lifted revenue forecasts for EAST BUY over the same period by 20-21%. However, the broker lowered its non-GAAP operating margin forecasts for the group by 1-1.2 ppts to reflect higher social security contributions in the core education business and slowing benefits from cost controls, as well as increased marketing investment by EAST BUY to expand distribution through livestreaming and shelf-based channels.
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TENCENT (00700.HK) and Visa Inc. (V.US) announced that they had inked a memorandum of understanding (MoU) to explore broader cooperation opportunities and enhance global payment and commerce experiences across Tencent's ecosystem.

The MoU establishes a comprehensive cooperation framework covering cross-border payments, agentic commerce, enterprise-level AI and support for enterprises expanding their global businesses, combining Tencent's payment solutions, digital platforms and technological capabilities with Visa's global network and cross-border money movement solutions.

Building on their existing cooperation in serving international travelers visiting China, Tencent and Visa will further enhance the cross-border payment experience for inbound and outbound travelers through Tencent's cross-border payment platform TenPay Global and Visa Pay.

In addition, the duo plans to deepen cooperation in cross-border remittance through Visa Direct, enabling more overseas remitters to transfer funds into the WeChat Pay ecosystem more effortlessly.
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Micron Technology, Inc. (MU.US) shares escalated on Wednesday (28th), as the memory chip industry once again passed a market test.

SK hynix released earnings with an upbeat outlook, boosting positive sentiment toward the memory industry. The South Korean chip giant expects shortages of memory components to persist through 2030.

Gil Luria, head of technology research at D.A. Davidson, told MarketWatch that not only did the results far exceed expectations, SK hynix is also paving the way for large-scale shareholder returns. SK hynix announced that it will return more than KRW100 trillion, or about USD75 billion, to shareholders this year through dividends and share buybacks.

Micron is expected to launch its own large-scale shareholder return plan in December, when restrictions related to government subsidies expire and the company regains eligibility to repurchase shares.

SK hynix (SKHY.US) ADRs closed up 13.3% on Wednesday, while Micron leaped 5.9%.
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Apple Inc. (AAPL.US) unveiled its first laptop equipped with a touchscreen display, named the MacBook Pro. The new display adopts OLED technology, offering higher brightness, improved color performance and wider viewing angles, and is powered by Apple's M5 Pro or Max chips.

The new product remains part of Apple's laptop lineup and runs MacOS, rather than versions of the iPhone or iPad operating systems. Users can operate videos or images through touchscreen gestures, while the laptop lid also features an illuminated Apple logo.

The new model will go on sale on November 6, with the 14-inch version starting at USD2,899 and the 16-inch version priced at no less than USD3,399, both representing notable price increases from existing models.
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TOPSPORTS (06110.HK) announced its interim results for the six months ended August 2026. Revenue amounted to RMB10.913 billion, down 11.3% YoY. Net profit was RMB662.6 million, down 16% YoY. EPS was RMB0.1068. An interim DPS of RMB0.11 was declared, compared with RMB0.13 in the corresponding period last year.
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The Federal Reserve decided to keep interest rates unchanged, in line with broad market expectations, while the probability of a rate hike in December exceeded 83%.

After the latest policy decision was announced, US Treasury Secretary Scott Bessent said in an interview with CNBC, when asked whether future rate hikes would constitute a monetary policy mistake, "not necessarily".

US President Donald Trump had previously called for interest rate cuts and repeatedly pressured former Federal Reserve Chair Jerome Powell.
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Kerry Craig, Managing Director and Global Market Strategist at J.P. Morgan Asset Management, said the US Federal Reserve kept the federal funds rate unchanged at a range of 3.75-4%, viewing the move as a pause rather than a policy pivot.

The market still expects a relatively high chance of a rate hike in December. The dissenting votes supporting a rate hike at the FOMC meeting could be interpreted as a sign that policymakers are evaluating when to raise rates, but the latest meeting outcome showed reduced urgency for Fed action.
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The increase in the UK bank surtax was more moderate than expected. After opening slightly lower by less than 1%, HSBC HOLDINGS (00005.HK) edged up 0.44% in early trading to HKD136.2, while STANCHART (02888.HK) inched up 0.18% to HKD220.2.

UK Chancellor of the Exchequer John Healey announced that the UK banking sector profit surtax will be raised from the current 3% to 6%, lower than the 8% previously estimated by industry participants. The measure is expected to be implemented for 15 months from January 2027 until 31 March 2028.
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