Top of main content
Daily FX Focus

10 April 2026

Important Risk Warning

  • The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation and investment experience.
  • Investment involves risk. Loss may be incurred as well as profits made as a result of buying and selling investment products.
  • 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 0.6909 / 0.7172 ⬆

AUD rose against USD yesterday as improved risk appetite from tentative US-Iran ceasefire, higher energy prices, and expectations of another RBA hike this year kept the Aussie supported. AUDUSD rose 0.54% yesterday while AUDHKD ended at 5.54 level.

EUR

Support / Resistance

vs USD 1.1520 / 1.1801 ⬆

EUR extended gains against USD yesterday as softer US GDP, stable core PCE, and US-Iran talks weighed on the dollar, while sticky ECB pricing supported the euro. EURUSD rose 0.31% yesterday while EURHKD ended at 9.16 level.

GBP

Support / Resistance

vs USD 1.3231 / 1.3559 ➡

GBP rose against USD yesterday, holding above 1.34 on expectations of more BOE tightening, while a fragile Middle East ceasefire and steady US data limited safe-haven demand for the dollar. GBPUSD rose 0.31% yesterday while GBPHKD ended at 10.52 level.

NZD

Support / Resistance

vs USD 0.5730 / 0.5938 ➡

NZD advanced against USD yesterday, extending a four-day rally as Fed minutes signaled gradual easing and RBNZ Governor saw growth upside if Middle East tensions ease. NZDUSD rose 0.62% yesterday while NZDHKD ended at 4.59 level.

RMB

Support / Resistance

vs USD 6.7886 / 6.8966 ⬆

CNH rose against USD yesterday as a stronger onshore fix and improved risk sentiment after the US-Iran ceasefire saw authorities guide the renminbi firmer. USDCNH fell 0.07% yesterday while CNHHKD ended at 1.14 level.

CAD

Support / Resistance

vs USD 1.3665 / 1.3964 ➡

CAD appreciated against USD yesterday, trading near 1.38 as stable risk appetite supported the loonie, with investors awaiting Canadian jobs data and watching US-Iran ceasefire durability. USDCAD fell 0.22% yesterday while CADHKD ended at 5.67 level.

JPY

Support / Resistance

vs USD 157.71 / 160.31 ➡

JPY weakened against USD yesterday as firm US PCE inflation and resilient data kept Fed policy expectations higher-for-longer, widening the gap with the BOJ. USDJPY rose 0.25% yesterday while JPYHKD ended at 4.92 level.

SGD

Support / Resistance

vs USD 1.2644 / 1.2866 ⬆

SGD rose against USD yesterday as investors rotated into regional currencies on signs of stable US-Iran ceasefire talks and contained US data, keeping the Singapore dollar gently bid. USDSGD fell 0.09% yesterday while SGDHKD ended at 6.15 level.

MYR

Support / Resistance

vs USD 3.9217 / 4.0484 ➡

The Ringgit remained firm against the US dollar at the opening on Friday, supported by sustained demand for the local currency amid improving risk appetite among traders and investors. Broader US Dollar tad softer overnight but focus remain on the US-Iran peace talk over the weekend. The US and Iran are preparing for peace talks in Pakistan on Saturday, both sides appear to have paused strikes across the region, even as Israel’s ongoing campaign against Tehran-aligned Hezbollah in Lebanon risks undermining the negotiations. Markets are watching the shaky ceasefire and planned US-Iran talks in Islamabad this weekend for clues on the market’s next move. USDMYR traded tad lower this morning, testing recent low at 3.9720 with 3.95 the immediate support to watch. Expected range at 3.9650-3.9850 for 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

Back to top  
24/7 FX services at your fingertips
Access competitive & real-time global exchange rates and make foreign currency conversions wherever you are, whenever you need to with HSBC
Book an appointment
You can now book your appointment with your preferred branch online to ask about our HSBC products and services at your local HSBC branches.

Related Insights

The CAD has started to reverse some of its recent resilience…[30 Mar]
The USD may strengthen in the weeks ahead, largely tracking movements in oil prices. [26 Mar]
Geopolitical uncertainty keeps policy and FX volatile, supporting the USD. [23 Mar]
The Fed held rates steady for a second meeting as the Middle East conflict raises...[19 Mar]

Disclaimer

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.