18 Jun 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 6.7552 / 6.7944 ⬆
CNH weakened against USD yesterday as broad dollar strength outweighed steadier sentiment in Asia; traders stayed cautious before China data and the Lujiazui forum, leaving the currency softer. USDCNH rose 0.29% yesterday while CNHHKD ended at 1.15 level.
EUR
Support / Resistance
vs USD 1.1422 / 1.1630 ⬇
EUR weakened against USD yesterday as firmer euro-area inflation and recent ECB tightening failed to offset a stronger greenback; investors turned defensive after the Fed signalled a possible rate increase this year. EURUSD fell 0.92% yesterday while EURHKD ended at 9.01 level.
GBP
Support / Resistance
vs USD 1.3205 / 1.3431 ⬇
GBP weakened against USD yesterday after softer UK inflation reduced support for BOE tightening; this domestic setback, combined with a firmer U.S. policy outlook, left sterling under broad pressure into the close. GBPUSD fell 0.99% yesterday while GBPHKD ended at 10.41 level.
AUD
Support / Resistance
vs USD 0.6927 / 0.7150 ⬇
AUD weakened against USD yesterday as a hawkish Fed shift drove broad dollar strength and markets overlooked earlier risk sentiment gains; with no fresh domestic support, the currency finished under pressure. AUDUSD fell 0.76% yesterday while AUDHKD ended at 5.49 level.
NZD
Support / Resistance
vs USD 0.5680 / 0.5923 ⬇
NZD weakened against USD yesterday as caution ahead of the Fed decision and weak New Zealand consumer confidence kept the currency defensive, even as hopes for calmer Middle East headlines lingered. NZDUSD fell 1.08% yesterday while NZDHKD ended at 4.52 level.
CAD
Support / Resistance
vs USD 1.3871 / 1.4225 ⬇
CAD weakened against USD yesterday as the Iran agreement pressured crude prices, undermining support for the commodity-linked currency; broad U.S. dollar strength amplified the move. USDCAD rose 0.75% yesterday while CADHKD ended at 5.55 level.
JPY
Support / Resistance
vs USD 159.54 / 161.25 ⬇
JPY weakened against USD yesterday as the BOJ’s widely expected rate increase failed to change the market view of a still-wide policy gap; Fed tightening risk returned, weighing on the yen. USDJPY rose 0.14% yesterday while JPYHKD ended at 4.88 level.
CHF
Support / Resistance
vs USD 0.7855 / 0.8076 ⬇
CHF weakened against USD yesterday as improved risk appetite reduced haven demand and broad U.S. dollar strength returned after the Fed signalled a possible rate increase this year. USDCHF rose 0.82% yesterday while CHFHKD ended at 9.80 level.
SGD
Support / Resistance
vs USD 1.2779 / 1.2951 ⬇
SGD weakened against USD yesterday as stronger Fed guidance lifted the greenback across Asia; economists trimmed Singapore’s 2026 growth forecast and expected no July policy change, keeping SGD softer. USDSGD rose 0.47% yesterday while SGDHKD ended at 6.08 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.
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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