9 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 6.6945 / 6.7250 ⬆
CNH appreciated against USD yesterday after China’s August trade surplus widened, giving the currency a modest lift, though regional sentiment stayed cautious amid Gulf tensions. USDCNH fell 0.04% yesterday while CNHHKD ended at 1.16 level.
EUR
Support / Resistance
vs USD 1.1555 / 1.1701 ⬆
EUR appreciated against USD yesterday as markets anticipated Thursday’s ECB decision and possible rate hike, benefiting from the softer dollar tone ahead of U.S. inflation data. EURUSD rose 0.01% yesterday while EURHKD ended at 9.11 level.
GBP
Support / Resistance
vs USD 1.3447 / 1.3651 ➡
GBP was little changed against USD yesterday, supported by fiscal discipline and investment pledges, but caution over UK growth offset gains despite softer dollar tone. GBPUSD rose 0.00% yesterday while GBPHKD ended at 10.61 level.
AUD
Support / Resistance
vs USD 0.7133 / 0.7262 ⬆
AUD weakened against USD yesterday as a sharp fall in Westpac consumer confidence weighed on sentiment, while solid China trade data and softer USD tone limited losses. AUDUSD fell 0.01% yesterday while AUDHKD ended at 5.66 level.
NZD
Support / Resistance
vs USD 0.5772 / 0.5959 ➡
NZD weakened against USD yesterday as China’s August import data disappointed, reinforcing concerns over New Zealand’s export demand despite a softer dollar tone. NZDUSD fell 0.44% yesterday while NZDHKD ended at 4.59 level.
CAD
Support / Resistance
vs USD 1.3693 / 1.3903 ⬆
CAD appreciated against USD yesterday as higher oil prices improved Canada’s terms-of-trade outlook, supporting the currency despite chances of a Fed hike. USDCAD fell 0.22% yesterday while CADHKD ended at 5.68 level.
JPY
Support / Resistance
vs USD 151.09 / 158.61 ⬆
JPY appreciated against USD yesterday as stronger wage growth, upgraded GDP and expectations of a BOJ rate hike drove demand, with repatriation flows and carry-trade unwinding adding support. USDJPY fell 0.25% yesterday while JPYHKD ended at 5.09 level.
CHF
Support / Resistance
vs USD 0.7975 / 0.8184 ⬇
CHF appreciated against USD yesterday as the dollar softened ahead of U.S. inflation data, with Middle East tensions supporting the franc’s defensive appeal. USDCHF fell 0.01% yesterday while CHFHKD ended at 9.68 level.
SGD
Support / Resistance
vs USD 1.2604 / 1.2722 ⬆
SGD appreciated against USD yesterday as the softer dollar tone supported regional currencies, though gains were modest amid cautious sentiment from higher oil prices and Gulf tensions. USDSGD fell 0.07% yesterday while SGDHKD ended at 6.19 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.
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.