Danish Krone & Hong Kong Dollar: next broken pegs?
Posted: Fri Jan 23, 2015 3:54 pm
FX prime brokers and liquidity providers are pulling back from Danish Krone and Hong Kong Dollar this week. Both of these currencies have been pegged for a very long time, but following the Swiss peg massacre last Thursday, trading the DKK and HKD crosses has become perceived as increasingly risky by FX market participants.
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