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REAL-TIME GLOBAL RESEARCH

FX Snap: RMB – Four days do not (yet) make a trend

Published: 2026-06-24Institution: HSBCPages: 5Original language: EnglishEvidence page: 2

Research evidence excerpt

FX Snap: RMB – Four days do not (yet) make a trend

n this document may not be eligible for sale in some states or countries, and they may

not be suitable for all types of investors. Investors should consult with their HSBC representative regarding the suitability of the

investment products mentioned in this document and take into account their specific investment objectives, financial situation or

particular needs before making a commitment to purchase investment products.

The value of and the income produced by the investment products mentioned in this document may fluctuate, so that an investor

may get back less than originally invested. Certain high-volatility investments can be subject to sudden and large falls in value

that could equal or exceed the amount invested. Value and income from investment products may be adversely affected by

exchange rates, interest rates, or other factors. Past performance of a particular investment product is not indicative of future

results.

HSBC believes that investors utilise various disciplines and investment horizons when making investment decisions, which

depend largely on individual circumstances such as the investor's existing holdings, risk tolerance and other considerations.

HSBC’s currency trade ideas on deliverable FX forwards (DF) or non-deliverable FX forwards (NDF) are usually identified on a

time horizon of up to three months, although HSBC reserves the right to extend this time horizon on a discretionary, trade-by-

trade basis.

HSBC believes an investor's decision to buy or sell an instrument should depend on individual circumstances such as the

investor's existing holdings and other considerations. Different securities firms use a variety of terms as well as different systems

to describe their recommendations.

The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.

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