11 August 2025
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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.
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Support / Resistance
vs USD 7.1465 / 7.2273 ⬇
CNH edged lower against the dollar on Friday, as investors awaited news on a tariff agreement between the U.S. and China, with Trump suggesting possible tariff increases. USDCNH rose 0.12% last Friday while CNHHKD ended at 1.09 level.
Support / Resistance
vs USD 1.1423 / 1.1822 ⬆
EUR fell against the dollar on Friday. Despite Euro reaching weekly highs due to softer U.S. employment data, the greenback rebounded aided by higher UST yields. EURUSD fell 0.21% last Friday while EURHKD ended at 9.14 level.
Support / Resistance
vs USD 1.3195 / 1.3645 ➡
GBP rose against the dollar on Friday as traders processed BoE meeting, which saw interest rates cut to 4% as well as the central bank's first ever re-vote. Investor focus now shifts to UK labor market data set to be released tomorrow. GBPUSD rose 0.06% last Friday while GBPHKD ended at 10.55 level.
Support / Resistance
vs USD 0.6419 / 0.6626 ⬆
AUD eased against the dollar on Friday, as traders expect a 92% chance of a 25 basis point rate cut by the RBA tomorrow. This expectation resulted out of rising unemployment and slower wage growth in the economy. AUDUSD fell 0.03% last Friday while AUDHKD ended at 5.11 level.
Support / Resistance
vs USD 0.5855 / 0.6059 ⬇
NZD fell against the US dollar on Friday as the dollar rose on markets focus to US inflation data expected to show a slight increase in the July core CPI. Meanwhile, there are reports of Christopher Waller emerging as a top Fed Chair candidate. NZDUSD fell 0.10% last Friday while NZDHKD ended at 4.67 level.
Support / Resistance
vs USD 1.3594 / 1.3900 ⬇
CAD fell against the US dollar on Friday as the greenback rose with shifting investor focus to upcoming US inflation data. In the medium term, Fed Chair nomination continues to be the market focus. USDCAD rose 0.09% last Friday while CADHKD ended at 5.70 level.
Support / Resistance
vs USD 145.39 / 150.48 ➡
JPY weakened against the dollar on Friday due to uncertainty about when the BoJ will raise rates. Concerns over US tariffs and a positive market attitude are also influencing the Yen. USDJPY rose 0.41% last Friday while JPYHKD ended at 5.31 level.
Support / Resistance
vs USD 0.7935 / 0.8198 ⬇
CHF weakened against the US dollar on Friday as the greenback strengthened on investor attention shifting to US inflation data, which is expected to show a modest core CPI uptick. USDCHF rose 0.21% last Friday while CHFHKD ended at 9.71 level.
Support / Resistance
vs USD 1.2728 / 1.2985 ➡
SGD declined against the US dollar on Friday as investor attention turning to the upcoming US inflation data scheduled to be released tomorrow where it is expected to show a modest core CPI rise. USDSGD rose 0.17% last Friday while SGDHKD ended at 6.10 level.
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