29 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 6.6935 / 6.7290 ⬆
CNH rose vs USD despite a firm dollar, as markets welcomed the U.S.-China trade truce extension and reciprocal tariff cuts ahead of the holiday. USDCNH fell 0.15% yesterday while CNHHKD ended at 1.16 level.
EUR
Support / Resistance
vs USD 1.1264 / 1.1565 ⬇
EUR weakened vs USD as higher oil prices, inflation concerns, and Fed tightening expectations kept the greenback firm, with little euro-area relief. EURUSD fell 0.18% yesterday while EURHKD ended at 8.91 level.
GBP
Support / Resistance
vs USD 1.3113 / 1.3479 ⬇
GBP rose vs USD despite a firmer dollar, as investors priced in tighter BoE policy amid inflation and hopes for new housing measures attracting foreign flows. GBPUSD rose 0.06% yesterday while GBPHKD ended at 10.40 level.
AUD
Support / Resistance
vs USD 0.6931 / 0.7167 ⬇
AUD weakened vs USD as investors stayed cautious before the RBA decision, with firmer USD sentiment on oil-led inflation risks and higher Fed expectations. AUDUSD fell 0.07% yesterday while AUDHKD ended at 5.50 level.
NZD
Support / Resistance
vs USD 0.5586 / 0.5803 ⬇
NZD rose vs USD despite a strong dollar, as optimism over the U.S.-China trade truce and hawkish RBNZ remarks lifted October rate-hike bets. NZDUSD rose 0.07% yesterday while NZDHKD ended at 4.44 level.
CAD
Support / Resistance
vs USD 1.3895 / 1.4316 ⬇
CAD weakened vs USD as Middle East uncertainty boosted safe-haven flows and U.S. yields, with oil gains offering limited support before Canada’s GDP data. USDCAD rose 0.23% yesterday while CADHKD ended at 5.53 level.
JPY
Support / Resistance
vs USD 153.84 / 159.95 ➡
JPY weakened vs USD as the wide Fed-BoJ policy gap kept the dollar supported, though intervention concerns slowed the move. USDJPY rose 0.07% yesterday while JPYHKD ended at 4.98 level.
CHF
Support / Resistance
vs USD 0.8146 / 0.8408 ⬇
CHF weakened vs USD as the Fed-SNB rate gap and higher U.S. yields supported the greenback, pushing the franc to lows. USDCHF rose 0.46% yesterday while CHFHKD ended at 9.43 level.
SGD
Support / Resistance
vs USD 1.2658 / 1.2846 ⬇
SGD was little changed vs USD as mixed Singapore industrial data offset the firmer greenback, keeping the currency range-bound. USDSGD rose 0.00% yesterday while SGDHKD ended at 6.14 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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