Important Risk Warning

AUD

Support / Resistance

vs USD 0.6534 / 0.6705 ⬆

AUD slipped against USD yesterday as mixed labor data tempered risk appetite; with RBA on hold and inflation high, quiet flows left AUD under modest pressure. AUDUSD fell 0.14% yesterday while AUDHKD ended at 5.15 level.

EUR

Support / Resistance

vs USD 1.1598 / 1.1848 ⬆

EUR edged lower against USD yesterday amid softer risk tone and consolidation ahead of Euroarea updates; rates dynamics slightly favored the dollar. EURUSD fell 0.05% yesterday while EURHKD ended at 9.13 level.

GBP

Support / Resistance

vs USD 1.3246 / 1.3525 ⬆

GBP advanced against the U.S. dollar yesterday supported by stable gilts ahead of domestic data. Market now focus attention on incoming releases and BoE communications. GBPUSD rose 0.35% yesterday while GBPHKD ended at 10.44 level.

NZD

Support / Resistance

vs USD 0.5707 / 0.5842 ⬆

NZD remained flat against USD yesterday as a light local calendar and steady U.S. backdrop kept direction limited, with traders awaiting new U.S. data. NZDUSD rose 0.00% yesterday while NZDHKD ended at 4.49 level.

RMB

Support / Resistance

vs USD 7.0157 / 7.0675 ⬆

CNH firmed against USD yesterday, helped by a cautious dollar and supportive regional sentiment; year-end flows and policy cues continue to guide price action. USDCNH fell 0.10% yesterday while CNHHKD ended at 1.10 level.

CAD

Support / Resistance

vs USD 1.3638 / 1.3961 ⬆

CAD strengthened against USD yesterday as the dollar softened and risk appetite held up; steady energy prices supported CAD. USDCAD fell 0.10% yesterday while CADHKD ended at 5.65 level.

JPY

Support / Resistance

vs USD 153.70 / 156.33 ➡

JPY appreciated against USD yesterday as BoJ normalization speculation persisted while U.S. yields stayed stable, market focus on the upcoming policy meeting. USDJPY fell 0.33% yesterday while JPYHKD ended at 5.02 level.

SGD

Support / Resistance

vs USD 1.2840 / 1.2962 ⬆

SGD edged slightly up against USD yesterday, reflecting resilient regional FX and a cautious dollar tone. With a quiet local calendar, traders looked to upcoming U.S. releases. USDSGD fell 0.02% yesterday while SGDHKD ended at 6.03 level.

MYR

Support / Resistance

vs USD 4.0647 / 4.1217 ⬆

Yesterday, USDMYR started at 4.09 levels and climbing up gradually but the better USD selling interests on rally kept the pair below 4.10 levels. The pair eventually slide lower and even traded at new Year-to-date low at 4.08 levels. Towards lunch, the downward pressure continues, but the USD buying demand kept the downside supported and the pair eventually close around the opening levels of 4.09. On local political news, Malaysian Prime Minister Anwar Ibrahim named Johari Abdul Ghani, the new Investment, Trade and Industry Minister, as part of a broad revamp to address some monthslong vacancies in his government. Liew Chin Tong is also appointed to be the new deputy finance minister. They will be sworn in later today by Malaysia’s Sultan.

⬆ Consolidation, indicates that the currency's movement against USD has remained sideways

➡ Up Trend, indicates that the currency has been moving higher against the base currency

⬇ Down Trend, indicates that the currency has been moving lower against the base currency

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