19 March 2026
Support / Resistance
vs USD 0.6913 / 0.7160 ➡
AUD fell against USD yesterday, reversing earlier gains as the domestic rate hike was outweighed by renewed dollar strength from high oil prices, geopolitical risks, and expectations the Fed will keep rates unchanged for longer. AUDUSD fell 1.14% yesterday while AUDHKD ended at 5.51 level.
Support / Resistance
vs USD 1.1298 / 1.1714 ⬇
EUR weakened against USD yesterday as the firmer dollar followed the Fed’s higher-for-longer signal, while investors awaited the ECB meeting, expecting steady policy and cautious, data-dependent guidance. EURUSD fell 0.76% yesterday while EURHKD ended at 8.98 level.
Support / Resistance
vs USD 1.3144 / 1.3436 ⬇
GBP softened against USD yesterday, giving back part of its recent recovery as the prospect of a prolonged Fed policy pause supported the dollar, despite expectations the BOE will keep rates unchanged amid UK price pressures. GBPUSD fell 0.74% yesterday while GBPHKD ended at 10.40 level.
Support / Resistance
vs USD 0.5707 / 0.5943 ⬇
NZD declined against USD yesterday, struggling to extend its rebound as traders stayed cautious ahead of the Fed decision, balancing risk tone with concerns that high oil prices and Middle East conflict could delay U.S. rate cuts. NZDUSD fell 1.04% yesterday while NZDHKD ended at 4.54 level.
Support / Resistance
vs USD 6.8443 / 6.9503 ➡
CNH weakened against USD yesterday, reflecting broader dollar resilience around the Fed meeting and lingering geopolitical uncertainty, as elevated energy costs pressure Asian growth and keep currencies sensitive to U.S. policy. USDCNH rose 0.25% yesterday while CNHHKD ended at 1.13 level.
Support / Resistance
vs USD 1.3586 / 1.3815 ⬇
CAD eased against USD yesterday as the stronger dollar tone prevailed, with traders weighing mixed U.S. data and the Fed’s higher-for-longer outlook against moderate Canadian inflation and a Bank of Canada on hold. USDCAD rose 0.30% yesterday while CADHKD ended at 5.71 level.
Support / Resistance
vs USD 156.95 / 161.34 ⬇
JPY depreciated against USD yesterday, staying under pressure near recent extremes as officials issued warnings about speculative moves and living costs, with focus on the wide policy gap between the Fed and BOJ. USDJPY rose 0.54% yesterday while JPYHKD ended at 4.90 level.
Support / Resistance
vs USD 1.2690 / 1.2919 ⬇
SGD softened against USD yesterday as calmer trading and fading volatility gave way to renewed dollar support ahead of the Fed, with regional traders watching Iran conflict and oil prices shaping global risk sentiment. USDSGD rose 0.57% yesterday while SGDHKD ended at 6.10 level.
Support / Resistance
vs USD 3.8767 / 3.9639 ➡
USDMYR opened the day on the back foot around 3.92, with some early USD selling nudging the pair towards 3.90. In the noon session, broader USD softness briefly dragged the pair down towards 3.9050, yet that move was swiftly faded as buying interest emerged, pulling USDMYR back to the 3.91 area and leaving it on a mildly bid tone into the close around 3.9180. Overnight, a rebound in oil triggered a fresh USD squeeze and it was reinforced by a stronger than expected PPI print. Fed leaves policy rate unchanged as widely expected and dot plot now implying just one cut this year. USDMYR opened higher above 3.93 today and expected to trade within 3.90-3.95 range ahead of long weekend.
⬆ 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
This document is issued by HSBC Bank Malaysia Berhad (127776-V) (HSBC). The information contained herein is derived from sources we believe to be reliable, but which we have not independently verified. HSBC makes no representation or warranty (express or implied) of any nature nor is any responsibility of any kind accepted with respect to the completeness or accuracy of any information, projection, representation or warranty (expressed or implied) in, or omission from, this document. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. Any examples given are for the purposes of illustration only. The opinions in this document constitute our present judgment, which is subject to change without notice. This document does not constitute an offer or solicitation for, or advice that you should enter into, the purchase or sale of any security, commodity or other investment product or investment agreement, or any other contract, agreement or structure whatsoever and is intended for institutional customers and is not intended for the use of private customers. The document is intended to be distributed in its entirety. No consideration has been given to the particular investment objectives, financial situation or particular needs of any recipient. Unless governing law permits otherwise, you must contact a HSBC Group member in your home jurisdiction if you wish to use HSBC Group services in effecting a transaction in any investment mentioned in this document. This document, which is not for public circulation, must not be copied, transferred or the content disclosed, to any third party and is not intended for use by any person other than the intended recipient or the intended recipient's professional advisers for the purposes of advising the intended recipient hereon.
Copyright. HSBC Bank Malaysia Berhad (127776-V) 2026. ALL RIGHTS RESERVED. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of HSBC Bank Malaysia Berhad.