11 March 2026
The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation and investment experience.
Investment involves risk. Loss may be incurred as well as profits made as a result of buying and selling investment products.
Currency conversion risk - the value of your foreign currency and RMB deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your foreign currency and RMB deposit to other currencies at an exchange rate that is less favourable than the exchange rate in which you made your original conversion to that foreign currency and RMB, you may suffer loss in principal.
RMB is currently not freely convertible and subject to regulatory restrictions (which might be changed from time to time).
Support / Resistance
vs USD 6.8223 / 6.9404 ⬆
CNH strengthened vs USD yesterday as strong Chinese export data and a firmer reference rate boosted confidence, even as Middle East risks remained in focus. USDCNH fell 0.12% yesterday while CNHHKD ended at 1.13 level.
Support / Resistance
vs USD 1.1465 / 1.1794 ⬇
EUR softened vs USD yesterday as Middle East tensions lifted safe-haven demand for the dollar. The ECB’s steady rate stance left EUR reliant on Eurozone sentiment and energy cost concerns. EURUSD fell 0.21% yesterday while EURHKD ended at 9.08 level.
Support / Resistance
vs USD 1.3252 / 1.3577 ⬇
GBP fell vs USD yesterday after UK jobs data showed higher unemployment and slower wage growth, reinforcing a cautious BoE outlook. Geopolitical risks and oil prices supported the dollar. GBPUSD fell 0.14% yesterday while GBPHKD ended at 10.49 level.
Support / Resistance
vs USD 0.6984 / 0.7212 ⬆
AUD rose vs USD yesterday as firm Aussie yields and RBA hike bets supported it. Lower oil prices boosted risk appetite, though Middle East headlines kept markets cautious. AUDUSD rose 0.62% yesterday while AUDHKD ended at 5.56 level.
Support / Resistance
vs USD 0.5837 / 0.6015 ➡
NZD edged lower vs USD yesterday as gains faded with a late dollar rebound. Traders were cautious ahead of U.S. inflation data and geopolitical risks, despite improved risk sentiment. NZDUSD fell 0.08% yesterday while NZDHKD ended at 4.63 level.
Support / Resistance
vs USD 1.3484 / 1.3713 ⬆
CAD rose vs USD yesterday as high crude prices and narrower Canada–US rate spreads supported it. USD/CAD stayed below 1.3600, with a softer dollar tone after the oil shock. USDCAD fell 0.06% yesterday while CADHKD ended at 5.76 level.
Support / Resistance
vs USD 155.05 / 159.96 ⬇
JPY weakened vs USD yesterday as Japan’s GDP revision failed to offset oil supply concerns and the wide US–Japan rate gap, keeping USD/JPY near highs before US inflation data. USDJPY rose 0.24% yesterday while JPYHKD ended at 4.94 level.
Support / Resistance
vs USD 0.7674 / 0.7884 ➡
CHF weakened vs USD yesterday as the dollar rebounded, with USD/CHF moving toward 0.78. Safe-haven demand and low Swiss inflation kept talk of SNB intervention alive. USDCHF rose 0.13% yesterday while CHFHKD ended at 10.05 level.
Support / Resistance
vs USD 1.2608 / 1.2850 ➡
SGD rose vs USD yesterday as lower oil prices eased stagflation fears and lifted Asia FX. Singapore’s resilience was noted, though markets stayed alert to Hormuz-related risks. USDSGD fell 0.13% yesterday while SGDHKD ended at 6.14 level.
This document has been prepared for information only. Information contained in this document is obtained from sources believed to be reliable; however HSBC does not guarantee its completeness or accuracy. The information contained in this document is intended for Singapore residents only and should not be construed as an offer to purchase or subscribe for any investment where such activities would be unlawful under the laws of such jurisdiction, in particular the United States of America and Canada. This material is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment or securities nor shall it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. The specific investment objectives, personal situation and particular needs of any person have not been taken in consideration. You should therefore not rely on it as investment advice. Opinions and estimates expressed are subject to change without notice and HSBC expressly disclaims any and all liability for representations and warranties, express or implied, contained herein, or for omissions. All charts and graphs are from publicly available sources or proprietary data. The mention of any security should not be construed as representing a recommendation to buy or sell that security, nor does it represent a forecast on future performance of the security.
This document is prepared by HSBC Bank (Singapore) Limited (“HBSP”) to its customers for general reference only. HBSP is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. HBSP gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of this document.
This document is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group.
