Markets.com Logo

GBPHKD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    10.5352$
  • Previous Close
    10.5362$
  • 52 Week Change
    --
  • Day Range
    -0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GBPHKD.FOREX represents the exchange rate between the British Pound Sterling (GBP) and the Hong Kong Dollar (HKD) in the foreign exchange market (Forex). This currency pair indicates how many Hong Kong Dollars are needed to purchase one British Pound. Traders speculate on the fluctuation of this exchange rate, aiming to profit from buying or selling GBP in relation to HKD. The price is influenced by a multitude of factors including economic indicators in both the UK and Hong Kong, interest rate differentials, and global market sentiment.

Gold's Safe-Haven Status Under Scrutiny: Market Dynamics and Price Outlook

Emma Rose|--

Trump's Iran War Exit Without a Deal: Reshaping Middle East Energy Security and Power Dynamics

Emma Rose|--
European market insights: What is the European stock market doing right now?

European market insights: What is the European stock market doing right now?

Ghko B|--
EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

Ghko B|--

Microsoft at a Crossroads: AI Hurdles and Cloud Resilience Amidst Market Volatility

Sophia Claire|--

Iran's Hormuz Gambit: Leveraging a Chokepoint for Economic Leverage and Global Impact

Ava Grace|--

Gold Market Resilience: Navigating Sell-offs and Sustaining Bull Run

Noah Lee|--

Factors

Economic Indicators: UK & HK data, like GDP growth, inflation, and unemployment, influence currency values. Stronger UK data generally boosts GBP, while strong HK data strengthens HKD.

Interest Rate Differentials: Differences in interest rates set by the Bank of England and the Hong Kong Monetary Authority impact capital flows. Higher UK rates can attract investment, increasing GBP demand.

Geopolitical Events: Political instability or major policy changes in the UK or Hong Kong can create uncertainty, affecting investor sentiment and currency values. Examples include elections or trade disputes.

Market Sentiment: Overall market risk appetite influences currency demand. In times of uncertainty, investors may seek safe-haven currencies, potentially impacting both GBP and HKD.

Trade Balance: The UK and Hong Kong's trade balances can affect currency values. A trade surplus generally strengthens a currency, while a deficit weakens it.

People Also Watch

Latest news

US Steel and Aluminum Tariffs Revamped: Simplification Amidst Potential Cost Increases

Noah Lee|--

SpaceX Files Secret IPO Bid, Eyeing Record-Breaking $1.75 Trillion Valuation

Ava Grace|--

US Intelligence: Iran Unwilling to Engage in Substantive Talks to End War

Sophia Claire|--

Latest Education Articles

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

Ghko B|--
Investing basics for beginners: What are the 4 economic indicators?

Investing basics for beginners: What are the 4 economic indicators?

Frances Wang|--
CFDs vs Options: What’s the Difference?

CFDs vs Options: What’s the Difference?

Julian Parker|--