16 October 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 6.6758 / 6.7147 ⬆
CNH rose against USD yesterday as lower U.S. yields triggered broad dollar selling, while stronger gold and weaker oil prices supported the yuan near recent highs. USDCNH fell 0.10% yesterday while CNHHKD ended at 1.17 level.
EUR
Support / Resistance
vs USD 1.1090 / 1.1369 ⬇
EUR rose against USD yesterday as falling U.S. yields and broad dollar profittaking lifted the euro, while ECB comments on contained inflation helped steady sentiment. EURUSD rose 0.56% yesterday while EURHKD ended at 8.80 level.
GBP
Support / Resistance
vs USD 1.3166 / 1.3345 ➡
GBP gained against USD yesterday aided by strong UK GDP and output data, a reduced trade deficit, and falling gilt yields, while a soft dollar underpinned sterling. GBPUSD rose 0.62% yesterday while GBPHKD ended at 10.41 level.
AUD
Support / Resistance
vs USD 0.6861 / 0.7008 ⬇
AUD fell against USD yesterday as Australian employment dropped by 39,300 and jobless rate rose to 4.7%, urging investors to cut RBA hike bets amid a broader soft dollar trend. AUDUSD fell 0.73% yesterday while AUDHKD ended at 5.43 level.
NZD
Support / Resistance
vs USD 0.5559 / 0.5683 ➡
NZD appreciated against USD yesterday as the dollar weakened on falling U.S. yields and investors unwound long-dollar trades, letting higher-beta currencies recover. NZDUSD rose 0.52% yesterday while NZDHKD ended at 4.41 level.
CAD
Support / Resistance
vs USD 1.4109 / 1.4278 ➡
CAD appreciated against USD yesterday as the dollar softened on weaker yields and position unwinding, outweighing pressure from lower oil and global growth concerns. USDCAD fell 0.37% yesterday while CADHKD ended at 5.53 level.
JPY
Support / Resistance
vs USD 156.57 / 159.16 ⬇
JPY rose against USD yesterday with falling U.S. yields and easing post-CPI dollar strength, as intervention warnings kept yen-selling moderate near 160. USDJPY fell 0.21% yesterday while JPYHKD ended at 4.96 level.
CHF
Support / Resistance
vs USD 0.8197 / 0.8366 ➡
CHF advanced against USD yesterday as lower U.S. yields and tech equity losses lifted demand for defensive currencies, while dollar strength faded. USDCHF fell 0.98% yesterday while CHFHKD ended at 9.49 level.
SGD
Support / Resistance
vs USD 1.2755 / 1.2875 ⬇
SGD gained against USD yesterday as regional currencies were buoyed by a softer dollar and lower U.S. yields, supporting steady sentiment amid tech-led equity weakness. USDSGD fell 0.28% yesterday while SGDHKD ended at 6.12 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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