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The Hong Kong dollar was firm but off its morning highs on Friday afternoon as the yen edged down slightly against the greenback and players awaited key US payrolls data.
The local unit was at 7.7880/81 to the US dollar versus a four-week high 7.7968 hit in early morning session, but still stronger than 7.7906/09 in late Asian trade on Thursday.
Hong Kong financial markets will be closed on Monday for a public holiday and re-open on Tuesday. They will also close on April 9 and 12 for the Easter holidays.
In the morning session, the Hong Kong dollar traded stronger as players continued to reduce their long US dollar positions. The HK currency has strengthened this week after the Japanese yen raced to near four-year highs on Wednesday.

Copyright Reuters, 2004

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