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Daily FX Focus

3 October 2025

Important Risk Warning

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AUD

Support / Resistance

vs USD 0.6507 / 0.6695 ⬆

AUD edged lower against the dollar yesterday, following a softer than expected trade surplus of 1,825 million in August. Decreased exports coupled with the release of RBA’s Financial Stability Review, also kept the currency weak. AUDUSD fell 0.26% yesterday while AUDHKD ended at 5.13 level.

EUR

Support / Resistance

vs USD 1.1600 / 1.1873 ➡

EUR fell against the dollar yesterday. As Eurozone unemployment unexpectedly rose to 6.3%, affecting ECB views on growth. And elevated uncertainty in France is set to trigger a drop in domestic demand. EURUSD fell 0.14% yesterday while EURHKD ended at 9.11 level.

GBP

Support / Resistance

vs USD 1.3262 / 1.3667 ⬇

GBP weakened against the dollar yesterday, as traders considered the impact of the upcoming UK budget on the economy. A recent BoE survey also indicated that British businesses have the weakest hiring intentions since 2020. GBPUSD fell 0.28% yesterday while GBPHKD ended at 10.46 level.

NZD

Support / Resistance

vs USD 0.5710 / 0.5965 ⬇

NZD remained flat against USD yesterday as markets are expecting more interest rate cuts by the Reserve Bank of New Zealand. Additionally, as US economic data are put on hold, investors are relying on speeches from Fed officials. NZDUSD rose 0.00% yesterday while NZDHKD ended at 4.52 level.

RMB

Support / Resistance

vs USD 7.0938 / 7.1576 ➡

CNH fell against USD yesterday as traders tried to assess the potential fallouts of the US Government shutdown. Meanwhile, traders are paying their attention on the Chinese equity market development after Golden Week. USDCNH rose 0.07% yesterday while CNHHKD ended at 1.09 level.

CAD

Support / Resistance

vs USD 1.3797 / 1.4060 ⬇

CAD fell against USD yesterday. Canadian policymakers discussed the challenges of balancing weakening domestic momentum with persistent uncertainties from global trade disruptions in the last meeting. USDCAD rose 0.24% yesterday while CADHKD ended at 5.57 level.

JPY

Support / Resistance

vs USD 145.15 / 149.63 ⬆

JPY slumped against the dollar yesterday as the US Dollar staged a modest rebound. Political uncertainty in Japan also arises with the election over this weekend. USDJPY rose 0.13% yesterday while JPYHKD ended at 5.28 level.

SGD

Support / Resistance

vs USD 1.2743 / 1.2989 ⬇

SGD fell against USD yesterday as the dollar rebounded overnight. Additionally, global tariffs and trade uncertainty continues to pressure Asian currencies. USDSGD rose 0.08% yesterday while SGDHKD ended at 6.03 level.

MYR

Support / Resistance

vs USD 4.1839 / 4.2287 ➡

USDMYR opened at 4.2070 yesterday and remained in a tight consolidation range for the entire session, reflecting a lack of clear directional drivers. Trading activity was subdued, with balanced two-way as market participants largely stayed on the sidelines amid ongoing uncertainty. The pair closed unchanged at 4.2070, highlighting the prevailing cautious sentiment and absence of significant market catalysts. Overnight. USD rebounded slightly, regaining some ground after several days of declines, even as the ongoing US government shutdown continued to dampen market sentiment. The absence of key US economic data releases left markets with limited guidance and heightened uncertainty about the Fed’s next move. With trading sentiment subdued, market participants turned to alternative indicators such as the Challenger job cuts survey and the ISM employment sub-index for direction. Against this backdrop, USDMYR opened at the 4.2100 level this morning and expected to remain range-bound, likely trading within the 4.20–4.22 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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