10 Jul 2026
Important Risk Disclosure
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).
CNH
Support / Resistance
vs USD 6.7714 / 6.8188 ⬆
CNH appreciated against USD yesterday as USD/CNH fell, with softer dollar tone and resilient regional sentiment offsetting softer Chinese inflation data. USDCNH fell 0.15% yesterday while CNHHKD ended at 1.15 level.
EUR
Support / Resistance
vs USD 1.1344 / 1.1493 ➡
EUR rose against USD yesterday after strong German export data widened the trade surplus, with a softer dollar and cautious sentiment keeping the euro supported. EURUSD rose 0.11% yesterday while EURHKD ended at 8.95 level.
GBP
Support / Resistance
vs USD 1.3217 / 1.3512 ⬆
GBP appreciated against USD yesterday, staying near multi-week highs as a softer dollar and UK political developments supported sterling, which closed above its previous level. GBPUSD rose 0.14% yesterday while GBPHKD ended at 10.50 level.
AUD
Support / Resistance
vs USD 0.6862 / 0.7018 ⬇
AUD rose against USD yesterday as the greenback eased and risk appetite improved, with steady commodity sentiment helping the currency close higher. AUDUSD rose 0.16% yesterday while AUDHKD ended at 5.43 level.
NZD
Support / Resistance
vs USD 0.5659 / 0.5814 ➡
NZD surged against USD yesterday, supported by a hawkish RBNZ, weaker dollar, and risk appetite, helping the kiwi close above its prior finish despite soft Chinese data. NZDUSD rose 0.96% yesterday while NZDHKD ended at 4.51 level.
CAD
Support / Resistance
vs USD 1.4123 / 1.4229 ➡
CAD rose against USD yesterday, supported by higher crude prices and expectations for tighter Bank of Canada policy, helping the currency finish stronger. USDCAD fell 0.04% yesterday while CADHKD ended at 5.53 level.
JPY
Support / Resistance
vs USD 160.98 / 163.30 ⬇
JPY appreciated against USD yesterday as the dollar softened, allowing the yen to recover modestly, though the wide policy gap kept gains limited. USDJPY fell 0.13% yesterday while JPYHKD ended at 4.82 level.
CHF
Support / Resistance
vs USD 0.8004 / 0.8135 ➡
CHF gained against USD yesterday as the dollar faded, with persistent Middle East tensions sustaining haven demand and the franc closing higher. USDCHF fell 0.19% yesterday while CHFHKD ended at 9.71 level.
SGD
Support / Resistance
vs USD 1.2876 / 1.2976 ➡
SGD appreciated against USD yesterday as a softer dollar outweighed regional geopolitical nerves, with Singapore’s resilience helping the currency end stronger. USDSGD fell 0.09% yesterday while SGDHKD ended at 6.06 level.
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Disclaimer
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.
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