16 September 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 6.6980 / 6.7285 ⬆
CNH weakened against USD yesterday as the strong global dollar offset support from yuan’s resilience, with investors cautious ahead of China’s industrial output and retail sales data. USDCNH rose 0.04% yesterday while CNHHKD ended at 1.16 level.
EUR
Support / Resistance
vs USD 1.1490 / 1.1627 ⬇
EUR weakened against USD yesterday as higher yields and Fed tightening expectations supported the dollar, while investor caution before policy meetings left the euro little room to resist. EURUSD fell 0.04% yesterday while EURHKD ended at 9.05 level.
GBP
Support / Resistance
vs USD 1.3421 / 1.3564 ⬇
GBP weakened against USD yesterday as haven demand lifted the dollar, oildriven inflation fears pushed U.S. yields above 5%, and soft UK labor data reinforced BoE hold expectations. GBPUSD fell 0.16% yesterday while GBPHKD ended at 10.56 level.
AUD
Support / Resistance
vs USD 0.7078 / 0.7209 ➡
AUD weakened against USD yesterday as firm dollar tone on oil-driven inflation and Fed hike expectations, plus cautious market mood, pressured commoditylinked currencies. AUDUSD fell 0.11% yesterday while AUDHKD ended at 5.59 level.
NZD
Support / Resistance
vs USD 0.5676 / 0.5903 ⬇
NZD weakened against USD yesterday as firmer rate-hike expectations and higher oil prices kept the dollar in demand, while a softer risk backdrop pressured growthsensitive currencies. NZDUSD fell 0.33% yesterday while NZDHKD ended at 4.51 level.
CAD
Support / Resistance
vs USD 1.3802 / 1.3984 ➡
CAD weakened against USD yesterday as higher Treasury yields and stronger Fed hike conviction supported the dollar, while rising oil prices offered limited help to the Canadian currency. USDCAD rose 0.13% yesterday while CADHKD ended at 5.63 level.
JPY
Support / Resistance
vs USD 151.84 / 159.36 ⬆
JPY weakened against USD yesterday as firm dollar on rising yields and Fed hike expectations, while the yen gave back part of its rally despite BoJ tightening hopes. USDJPY rose 0.49% yesterday while JPYHKD ended at 5.05 level.
CHF
Support / Resistance
vs USD 0.8077 / 0.8248 ⬇
CHF weakened against USD yesterday as higher oil prices, elevated Treasury yields and firm Fed tightening expectations reduced the franc’s appeal amid cautious markets. USDCHF rose 0.16% yesterday while CHFHKD ended at 9.58 level.
SGD
Support / Resistance
vs USD 1.2648 / 1.2776 ➡
SGD weakened against USD yesterday as the dollar’s broad advance, stronger yields and pre-Fed caution weighed on Asian currencies, while higher energy prices and softer risk mood pressured the region. USDSGD rose 0.20% yesterday while SGDHKD ended at 6.16 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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