30 July 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 6.7469 / 6.7853 ⬆
CNH weakened against USD yesterday, with USD/CNH edging higher as traders weighed Chinese policy support and exporter flows amid ongoing Politburo meeting. USDCNH rose 0.08% yesterday while CNHHKD ended at 1.15 level.
EUR
Support / Resistance
vs USD 1.1385 / 1.1514 ➡
EUR appreciated against USD yesterday as weaker U.S. consumer confidence and hopes for calmer US-Iran tensions reduced demand for the dollar, while Bundesbank remarks supported the euro. EURUSD rose 0.16% yesterday while EURHKD ended at 8.93 level.
GBP
Support / Resistance
vs USD 1.3240 / 1.3527 ⬇
GBP was unchanged against USD yesterday as investors awaited Fed and BOE decisions. Improved UK data was offset by fiscal and policy uncertainty. GBPUSD rose 0.00% yesterday while GBPHKD ended at 10.42 level.
AUD
Support / Resistance
vs USD 0.6901 / 0.7016 ⬇
AUD weakened against USD yesterday as RBA kept a hike on the table but warned demand and labor conditions were softening, stirring stagflation concerns despite a softer dollar tone. AUDUSD fell 0.24% yesterday while AUDHKD ended at 5.47 level.
NZD
Support / Resistance
vs USD 0.5733 / 0.5863 ⬆
NZD appreciated against USD yesterday as softer U.S. consumer confidence and lower oil prices supported the Kiwi, but gains were modest ahead of the Fed decision and cautious risk appetite. NZDUSD rose 0.17% yesterday while NZDHKD ended at 4.53 level.
CAD
Support / Resistance
vs USD 1.3972 / 1.4145 ⬆
CAD appreciated against USD yesterday as the dollar lost ground ahead of the Fed, but lower crude prices and wide rate differentials capped gains. USDCAD fell 0.13% yesterday while CADHKD ended at 5.55 level.
JPY
Support / Resistance
vs USD 161.77 / 164.49 ⬇
JPY weakened against USD yesterday despite softer U.S. consumer confidence, as USD/JPY stayed near multi-decade highs with focus on policy gap and weak Tokyo inflation data. USDJPY rose 0.06% yesterday while JPYHKD ended at 4.78 level.
CHF
Support / Resistance
vs USD 0.8041 / 0.8219 ⬇
CHF weakened against USD yesterday despite a softer dollar tone, as the franc failed to attract haven demand before the Fed decision and fading geopolitical tension. USDCHF rose 0.02% yesterday while CHFHKD ended at 9.57 level.
SGD
Support / Resistance
vs USD 1.2856 / 1.2934 ➡
SGD weakened against USD yesterday, with USD/SGD inching higher as investors stayed cautious before the Fed and the currency tracked regional sentiment. USDSGD rose 0.07% yesterday while SGDHKD ended at 6.07 level.
Your FX needs are well taken care of with our comprehensive suite of FX solutions
Open an investment account and start your wealth journey with us
Related Insights
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.