20 August 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 6.7169 / 6.7527 ⬆
CNH ended lower against USD yesterday as haven demand supported the dollar and cautious sentiment weighed on the yuan. The move was modest but consistent with a firmer dollar and softer regional tone. USDCNH rose 0.05% yesterday while CNHHKD ended at 1.16 level.
EUR
Support / Resistance
vs USD 1.1527 / 1.1754 ⬆
EUR fell against USD yesterday as firmer yields and risk aversion supported the dollar, reversing part of the euro’s recent gains. The currency held near highs but softer sentiment and a stronger dollar tone kept it modestly lower. EURUSD fell 0.03% yesterday while EURHKD ended at 9.07 level.
GBP
Support / Resistance
vs USD 1.3457 / 1.3690 ⬆
GBP depreciated against USD yesterday as weak UK labor data and a stronger dollar pulled sterling back from recent highs. The broader recovery in the greenback added pressure, even as U.S. tightening expectations remained subdued. GBPUSD fell 0.09% yesterday while GBPHKD ended at 10.61 level.
AUD
Support / Resistance
vs USD 0.7027 / 0.7174 ⬆
AUD weakened against USD yesterday as the greenback rebounded and markets reassessed RBA tightening prospects, despite soft U.S. data and faded rate-hike expectations. AUDUSD fell 0.24% yesterday while AUDHKD ended at 5.55 level.
NZD
Support / Resistance
vs USD 0.5857 / 0.5977 ⬆
NZD weakened against USD yesterday as a firmer dollar and cautious risk tone outweighed New Zealand’s policy outlook. The currency had little fresh domestic impetus, leaving it vulnerable to the greenback’s rebound. NZDUSD fell 0.44% yesterday while NZDHKD ended at 4.60 level.
CAD
Support / Resistance
vs USD 1.3709 / 1.3992 ⬆
CAD weakened against USD yesterday as uncertainty over U.S. tariffs offset gains from higher oil prices. The currency gave back some recent gains, while oil offered only limited support against the stronger dollar. USDCAD rose 0.17% yesterday while CADHKD ended at 5.64 level.
JPY
Support / Resistance
vs USD 155.29 / 160.95 ⬆
JPY softened against USD yesterday as the greenback rebounded and the yen lost momentum amid a wide policy gap. The currency remained sensitive to risk sentiment, even as U.S. data reduced Fed tightening expectations. USDJPY rose 0.09% yesterday while JPYHKD ended at 4.91 level.
CHF
Support / Resistance
vs USD 0.7910 / 0.8091 ⬆
CHF weakened against USD yesterday as haven demand and hedging flows favored the dollar over the franc. The move was modest but reflected a broader shift back toward the dollar amid geopolitical tension. USDCHF rose 0.19% yesterday while CHFHKD ended at 9.65 level.
SGD
Support / Resistance
vs USD 1.2659 / 1.2809 ⬆
SGD ended lower against USD yesterday as the dollar’s recovery outweighed the local currency’s support. The move was limited but aligned with broader Asian FX softness as haven demand supported the U.S. unit. USDSGD rose 0.05% yesterday while SGDHKD ended at 6.13 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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