21 April 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 6.7789 / 6.8784 ⬆
CNH was little changed against USD yesterday, with early weakness from a low reference rate offset by cautious flows as investors weighed China’s policy and geopolitical risks. USDCNH fell 0.00% yesterday while CNHHKD ended at 1.14 level.
EUR
Support / Resistance
vs USD 1.1578 / 1.1922 ⬆
EUR advanced against USD yesterday, extending its rebound as investors weighed safe-haven flows against concerns that US-Iran tensions could lift energy prices and inflation. EURUSD rose 0.20% yesterday while EURHKD ended at 9.22 level.
GBP
Support / Resistance
vs USD 1.3270 / 1.3696 ⬆
GBP strengthened against USD yesterday as markets lowered Fed tightening bets, offsetting safe-haven flows from Iran tensions, while BOE’s restrictive stance supported the pound. GBPUSD rose 0.14% yesterday while GBPHKD ended at 10.59 level.
AUD
Support / Resistance
vs USD 0.6950 / 0.7313 ⬆
AUD rose against USD yesterday, rebounding from early losses as dip-buyers bet on a firm RBA policy, even as Middle East tensions kept broader USD demand supported. AUDUSD rose 0.06% yesterday while AUDHKD ended at 5.61 level.
NZD
Support / Resistance
vs USD 0.5736 / 0.5986 ⬆
NZD rose against USD yesterday, rebounding after New Zealand’s March trade surplus and record exports, though a firm dollar and Fed expectations capped gains. NZDUSD rose 0.14% yesterday while NZDHKD ended at 4.60 level.
CAD
Support / Resistance
vs USD 1.3533 / 1.3850 ⬆
CAD rose against USD yesterday as higher oil prices and accelerated Canada’s March inflation data helped CAD recover, despite safe-haven USD demand. USDCAD fell 0.34% yesterday while CADHKD ended at 5.73 level.
JPY
Support / Resistance
vs USD 157.56 / 160.02 ➡
JPY fell against USD yesterday as earthquake and tsunami reports in Japan and doubts over a BOJ rate hike weighed, while Iran tensions kept USD demand firm. USDJPY rose 0.11% yesterday while JPYHKD ended at 4.93 level.
CHF
Support / Resistance
vs USD 0.7697 / 0.7942 ⬆
CHF strengthened against USD yesterday, with haven flows into the franc on Iran tensions, while repeated USD/CHF resistance failures highlighted the dollar’s softer bias. USDCHF fell 0.42% yesterday while CHFHKD ended at 10.05 level.
SGD
Support / Resistance
vs USD 1.2612 / 1.2831 ⬆
SGD edged lower against USD yesterday as Middle East tensions supported the greenback, though expectations for MAS to keep policy tight and strong fundamentals limited losses. USDSGD rose 0.04% yesterday while SGDHKD ended at 6.16 level.
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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.
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