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Daily FX Focus

15 Aug 2025

Important Risk Warning

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  • Currency conversion risk - the value of your foreign currency and MYR deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your foreign currency and MYR 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 MYR, you may suffer loss in principal.

AUD

Support / Resistance

vs USD 0.6411 / 0.6579 ⬇

AUD fell against the dollar yesterday, despite the Australian labor market data meeting estimates. Such steady labor market conditions would allow the RBA to avoid an aggressive monetary easing stance. AUDUSD fell 0.78% yesterday while AUDHKD ended at 5.09 level.

EUR

Support / Resistance

vs USD 1.1433 / 1.1816 ⬆

EUR slipped against the dollar yesterday, after the US inflation report was released. In the Eurozone, GDP figures met expectations, but June's Industrial Production fell, mainly due to Germany's slowdown and weak consumer goods output. EURUSD fell 0.49% yesterday while EURHKD ended at 9.12 level.

GBP

Support / Resistance

vs USD 1.3248 / 1.3704 ⬆

GBP weakened against the dollar yesterday, after a strong PPI report in the US led traders to reduce expectations for Fed rate cuts. Meanwhile, recent economic data raised concerns about stagflation in the UK, exerting pressure on the BoE. GBPUSD fell 0.32% yesterday while GBPHKD ended at 10.59 level.

NZD

Support / Resistance

vs USD 0.5837 / 0.6014 ⬇

NZD fell against the US dollar yesterday following a US PPI report. The higher than forecasts PPI leads to a re-pricing of a Sep rate cut, supporting the USD. NZDUSD fell 1.00% yesterday while NZDHKD ended at 4.63 level.

RMB

Support / Resistance

vs USD 7.1533 / 7.2158 ⬇

CNH traded lower against the dollar yesterday, as the dollar rose after stronger than expected PPI report. The Yuan continues to follows the dollar's changes amid improving US-China trade relations. USDCNH rose 0.01% yesterday while CNHHKD ended at 1.09 level.

CAD

Support / Resistance

vs USD 1.3709 / 1.3901⬇

CAD fell against its U.S. dollar yesterday after PPI for July was the key driving headline, trimming bets of when the Federal Reserve’s next rate-cut. USDCAD rose 0.42% yesterday while CADHKD ended at 5.67 level.

JPY

Support / Resistance

vs USD 145.66 / 150.38 ➡

JPY eased against the dollar yesterday, ending a two-day rising streak, following stronger-thanexpected US PPI. The BoJ faces scrutiny over its inflation evaluation, while critics fear the BoJ's focus may delay necessary action. USDJPY rose 0.26% yesterday while JPYHKD ended at 5.30 level.

SGD

Support / Resistance

vs USD 1.2752 / 1.2968 ➡

SGD fell against the dollar yesterday, as the dollar surged against major currencies after PPI figures released, indicating higher inflation for the months ahead. USDSGD rose 0.36% yesterday while SGDHKD ended at 6.09 level.

MYR

Support / Resistance

vs USD 4.1716 / 4.2676 ⬆

USDMYR opened at 4.22 levels yesterday, remaining broadly unchanged from previous day. Some USD selling interest in the interbank space first thing in the morning sending the USDMYR to trade through 4.20 levels with some USD supply from offshore pressured the USDMYR further downwards towards 4.18 levels before rebounding back to around 4.20 into lunch. Post lunch, some upwards momentum was observed from USD bids lifting the USDMYR to 4.22 levels before ending the day at 4.21 level. This morning, higher US PPI triggered broad USD strength and ahead of US retails sales tonight, the USDMYR opened at 4.22 level this morning and is expected to trade within 4.20 – 4.24 for now.

⬆ 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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