2 Jul 2025
Support / Resistance
vs USD 0.6437 / 0.6657 ⬆
AUD ended marginally stronger against the US dollar yesterday. Focus moves to Australian retail sales due today. Retail Sales reflects consumer spending trends and provides insight into the resilience of the Australian economy. AUDUSD rose 0.03% yesterday while AUDHKD ended at 5.16 level.
Support / Resistance
vs USD 1.1557 / 1.1941 ⬆
EUR ended higher against the dollar yesterday, extending gains for the tenth day, The Euro surged 13.8% in first half of the year, its strongest-ever first half performance. EURUSD rose 0.16% yesterday while EURHKD ended at 9.26 level.
Support / Resistance
vs USD 1.3479 / 1.3900 ⬆
GBP ended higher against the dollar yesterday but eased from 3-year high as BoE turns dovish. Incomes Data Research survey showed UK pay awards rose to 3.4%, up 0.2% from previous release. GBPUSD rose 0.10% yesterday while GBPHKD ended at 10.78 level.
Support / Resistance
vs USD 0.5945 / 0.6184 ⬆
NZD ended slightly higher against the US dollar yesterday. Business Confidence rose from previous release, while the seasonally adjusted Building Permits rose by 10.4% month-on-month in May. NZDUSD rose 0.05% yesterday while NZDHKD ended at 4.78 level.
Support / Resistance
vs USD 7.1396 / 7.1890 ⬆
CNH ended slightly lower against the dollar yesterday after rising initially when a private sector survey showed China's factory activity expanded in Jun. USDCNH rose 0.05% yesterday while CNHHKD ended at 1.09 level.
Support / Resistance
vs USD 1.3520 / 1.3781 ⬆
CAD ended lower against the US dollar yesterday giving up near-term gains amid thin trading as Canadian market was closed for holiday. Focus moves to trade talks as tariff deadline approaches. USDCAD rose 0.28% yesterday while CADHKD ended at 5.75 level.
Support / Resistance
vs USD 141.39 / 146.75 ⬆
JPY strengthened against the US dollar yesterday to an over two-week high after Japan’s au Jibun Bank Manufacturing PMI returns to expansion. US–Japan trade talks stall as Trump criticizes over rice imports. USDJPY fell 0.42% yesterday while JPYHKD ended at 5.47 level.
Support / Resistance
vs USD 1.2633 / 1.2878 ⬆
SGD ended lower against the US dollar yesterday despite the USD eased after US Senate passed Trump's tax bill. US treasury yields retreat as investors pay close attention to Fed policy. USDSGD rose 0.09% yesterday while SGDHKD ended at 6.16 level.
Support / Resistance
vs USD 4.2035 / 4.2810 ⬆
USDMYR opened yesterday around 4.20 with continued USD selling interest pushed the currency pair towards 4.18 in the morning session. Markets saw some USD buying interest at low where USDMYR found the support at 4.19 into lunch. Post lunch, USDMYR rally was well absorbed by USD supply seen on the upside. This kept the currency pair consolidated around 4.20 level and closed below 4.20 second time of the year. Overnight, U.S. job openings unexpectedly increased in May while the S&P Global PMI final reading for June showed manufacturing improving. USD recovered slightly from the recent low but sill on downward trend ahead of non-farm payroll data on Thursday. USDMYR opened at 4.20 this morning and expected to trade within 4.19-4.21 range today.
⬆ 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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