Hong Kong 40 Index appreciated significantly

Source: Dukascopy Bank SA

On Wednesday, September 4, the Hong Kong 40 Index raised by 85550 pips or 3.31%.  

The reason for the advance is the withdrawal of extradition bill by Hong Kong leader Carrie Lam. The bill triggered violent protests which have occurred for months.  

Note that the withdrawal still needs to be approved by the Legislative Council. However, it is expected that the Council will not oppose Lam.

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Tue, 24 Sep 2019 13:42:32 GMT

British Pound appreciates on Supreme Court's decision

On Tuesday, September 24, the British Pound appreciated 75 pips or 0.60% against the US Dollar. Note the British Pound extended gains against other major currencies as well.

Tue, 03 Sep 2019 14:15:00 GMT

Swiss Franc reaches two-year high against Euro

On Tuesday, September 3, the Swiss Franc reached its two-year maximum against the European Common Currency. The EUR/CHF currency pair surpassed the psychological level at 1.0900.

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