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ALERT: USDHKD Peg Warning

ALERT: USDHKD Peg Warning

4 Years ago | February 24, 2016 00:00:00

FXCM has sent a message to its clients that it will no longer be offering USDHKD. Some may be taken back by this decision but after what happened with the Swiss National Bank pulling the floor out of EURCHF 1.20 just over a year ago, it is not a suprise to see forex brokers stop quoting fixed dollar pegged currencies. In fact we see this as a responsible action to protect the firm and indirectly its customers (see full email below).

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