Hong Kong Dollar Carry Trade Appeal Dims as Funding Costs Climb
A seasonal cash demand spike in Hong Kong is set to lift funding costs, making it less attractive to pursue a carry trade using the local dollar, analysts said.
By Iris Ouyang, Jacob Gu ยท Bloomberg Markets
A seasonal cash demand spike in Hong Kong is set to lift funding costs, making it less attractive to pursue a carry trade using the local dollar, analysts said.