13 May 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 6.7679 / 6.8301 ⬆
CNH strengthened vs USD yesterday despite a firmer dollar, as markets anticipated U.S.-China trade talks and the Trump-Xi meeting, helping the offshore yuan edge higher. USDCNH fell 0.02% yesterday while CNHHKD ended at 1.15 level.
EUR
Support / Resistance
vs USD 1.1662 / 1.1804 ⬆
EUR fell vs USD yesterday as strong U.S. inflation lifted the dollar. Improved German and euro area ZEW sentiment gave limited support, leaving the euro softer by the close. EURUSD fell 0.37% yesterday while EURHKD ended at 9.19 level.
GBP
Support / Resistance
vs USD 1.3434 / 1.3648 ➡
GBP weakened vs USD yesterday as political uncertainty around PM Starmer and firm U.S. inflation pressured the pound. Fears of looser fiscal discipline added to the decline. GBPUSD fell 0.51% yesterday while GBPHKD ended at 10.59 level.
AUD
Support / Resistance
vs USD 0.7134 / 0.7311 ⬆
AUD weakened vs USD yesterday as strong U.S. inflation boosted the greenback. Australia’s federal budget had little impact, and the Aussie finished lower amid cautious trading. AUDUSD fell 0.12% yesterday while AUDHKD ended at 5.66 level.
NZD
Support / Resistance
vs USD 0.5847 / 0.6024 ⬆
NZD weakened vs USD yesterday as strong U.S. inflation reduced policy easing hopes. A cautious market mood and focus on the next RBNZ survey kept the kiwi under pressure. NZDUSD fell 0.22% yesterday while NZDHKD ended at 4.65 level.
CAD
Support / Resistance
vs USD 1.3586 / 1.3762 ➡
CAD weakened vs USD yesterday as strong U.S. inflation lifted the dollar, outweighing support from higher oil prices. With no major local data, the loonie finished lower. USDCAD rose 0.13% yesterday while CADHKD ended at 5.71 level.
JPY
Support / Resistance
vs USD 154.85 / 160.55 ⬆
JPY weakened vs USD yesterday as policy divergence persisted. U.S. Treasury comments gave no sign of concern over yen weakness, and intervention talk failed to reverse losses. USDJPY rose 0.28% yesterday while JPYHKD ended at 4.96 level.
CHF
Support / Resistance
vs USD 0.7735 / 0.7899 ⬆
CHF weakened vs USD yesterday as strong U.S. inflation and geopolitical risks supported the dollar. Defensive franc demand was not enough to offset the greenback’s strength. USDCHF rose 0.33% yesterday while CHFHKD ended at 10.02 level.
SGD
Support / Resistance
vs USD 1.2636 / 1.2809 ⬆
SGD weakened vs USD yesterday as a strong dollar and higher energy costs kept Asian markets cautious. The Singapore dollar stayed under pressure amid regional growth concerns. USDSGD rose 0.28% yesterday while SGDHKD ended at 6.15 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.
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.