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Daily FX Focus

24 October 2025

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AUD

Support / Resistance

vs USD 0.6425 / 0.6611 ⬇

AUD advanced against the U.S. dollar yesterday, as commodity‑linked support and a steadier risk backdrop provided support, while domestic catalysts remained light. AUDUSD rose 0.37% yesterday while AUDHKD ended at 5.05 level.

EUR

Support / Resistance

vs USD 1.1524 / 1.1725 ⬇

EUR slightly firmed against USD yesterday while muted euro‑area data and ECB guidance cautious as the dollar remained steady into the upcoming CPI. EURUSD rose 0.06% yesterday while EURHKD ended at 9.02 level.

GBP

Support / Resistance

vs USD 1.3216 / 1.3461 ⬇

GBP slipped against USD yesterday, as softer UK inflation boosted BoE rates cut expectations. A resilient retail print or supportive gilt moves could steady GBP near term, otherwise downside pressure may persist into the budget pre‑view period. GBPUSD fell 0.22% yesterday while GBPHKD ended at 10.35 level.

NZD

Support / Resistance

vs USD 0.5673 / 0.5836 ⬇

NZD edged higher against USD yesterday. With a light domestic calendar, the kiwi tracked commodity support and a measured risk tone while traders awaited CPI and U.S.–China headlines. NZDUSD rose 0.19% yesterday while NZDHKD ended at 4.47 level.

RMB

Support / Resistance

vs USD 7.1077 / 7.1466 ⬆

CNH was broadly unchanged against the U.S. dollar yesterday. Steady policy signals and a firm onshore midpoint maintained stability. The White House said President Trump will meet Xi Jinping on 30 Oct. USDCNH rose 0.00% yesterday while CNHHKD ended at 1.09 level.

CAD

Support / Resistance

vs USD 1.3920 / 1.4069 ⬇

CAD firmed against USD yesterday as oil rallied on US sanction on Russian production headlines, though mixed retail sales tempered follow‑through. USDCAD fell 0.01% yesterday while CADHKD ended at 5.55 level.

JPY

Support / Resistance

vs USD 149.99 / 154.22 ⬇

JPY weakened against the U.S. dollar yesterday as U.S.–Japan rate differentials stayed wide and talk of domestic fiscal support kept the yen heavy as markets eyed US CPI. USDJPY rose 0.39% yesterday while JPYHKD ended at 5.09 level.

SGD

Support / Resistance

vs USD 1.2907 / 1.3038 ⬇

SGD softened against the U.S. dollar yesterday. With limited local catalysts, regional FX tracked the firmer dollar tone amid cautious sentiment ahead of US CPI. USDSGD rose 0.05% yesterday while SGDHKD ended at 5.98 level.

MYR

Support / Resistance

vs USD 4.2119 / 4.2379 ⬇

Yesterday, USDMYR opened at mid-4.23 levels with biased USD supply seen when the pair move higher above 4.23 levels. However, the USD selling push the USDMYR pair to 4.22 levels and was supported at this level on the back of broad USD strength. In the afternoon, central bank BNM released the foreign reserve as of 15 Oct at USD123.4bio (equivalent to RM520bio). This is sufficient to finance 4.8 months of retained imports and is 0.9 times short term external debit. Towards closing of the day, the softness on USD demand led the pair to slide lower and eventually close around 4.22 levels. On the US, relatively quiet trading day but key release will be the US CPI tonight. Starting 26 Oct, Sunday to 28 Oct Tuesday, Malaysia will be hosting the 47th Asean Summit in KL; key country leaders have confirmed their attendance including Chinese Premier Li Qiang and Trump. USDMYR opened lower at 4.22 levels today and expect the pair to trade within 4.20 – 24 levels 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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