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Daily FX Focus

22 July 2026

Important Risk Warning

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AUD

Support / Resistance

vs USD 0.6911 / 0.7055 ➡

AUD edged up against USD yesterday, holding near highs. Although the risk on sentiment faded, it stayed marginally stronger despite a firmer dollar tone. AUDUSD rose 0.01% yesterday while AUDHKD ended at 5.48 level.

EUR

Support / Resistance

vs USD 1.1353 / 1.1462 ⬇

EUR weakened against USD yesterday, unable to build on strong German ZEW sentiment, as geopolitical uncertainty and a firm dollar limited gains ahead of the ECB decision. EURUSD fell 0.14% yesterday while EURHKD ended at 8.94 level.

GBP

Support / Resistance

vs USD 1.3231 / 1.3534 ⬆

GBP weakened against USD yesterday, as UK labour data failed to support the pound and Middle East tensions plus a firm dollar pushed it to weekly lows. GBPUSD fell 0.41% yesterday while GBPHKD ended at 10.49 level.

NZD

Support / Resistance

vs USD 0.5700 / 0.5908 ⬆

NZD weakened against USD yesterday; New Zealand inflation briefly lifted the currency, but safe-haven demand and a firmer dollar tone dominated. NZDUSD fell 0.21% yesterday while NZDHKD ended at 4.56 level.

RMB

Support / Resistance

vs USD 6.7508 / 6.7984 ⬆

CNH was steady against USD yesterday, as dollar strength was offset by China’s currency resilience, leaving only negligible change from previous levels. USDCNH fell 0.00% yesterday while CNHHKD ended at 1.15 level.

CAD

Support / Resistance

vs USD 1.3993 / 1.4230  ➡

CAD weakened against USD yesterday; softer Canadian inflation and a firm dollar outweighed support from high oil prices, leaving the loonie lower. USDCAD rose 0.27% yesterday while CADHKD ended at 5.55 level.

JPY

Support / Resistance

vs USD 161.37 / 164.09 ⬇

JPY weakened against USD yesterday, as the Fed-BoJ policy gap and persistent geopolitical tensions kept demand tilted toward the firmer dollar. USDJPY rose 0.41% yesterday while JPYHKD ended at 4.80 level.

SGD

Support / Resistance

vs USD 1.2873 / 1.2961 ➡

SGD weakened against USD yesterday, as a firm dollar and cautious regional sentiment kept Asian currencies subdued, leaving the Singapore unit marginally softer. USDSGD rose 0.02% yesterday while SGDHKD ended at 6.07 level.

MYR

Support / Resistance

vs USD 4.0322 / 4.1397 ➡

Overnight, broader USD traded a touch firmer overnight alongside higher US yields, while equities stayed supported which should keep USDMYR probing the topside of the broader 4.05-4.10 range for now. That said, MYR sentiment should still find some underlying support from the constructive Malaysia macro backdrop, so any upside in spot may remain gradual rather than aggressive unless the dollar leg extends further. Flow-wise, activity has been relatively light, with biased USD selling seen from corporates while custodian, bond-related and offshore names were biased USD buying yesterday. Today, the pair opened at 4.10 and expected to trade at the range of 4.07-4.11.

⬆ Up Trend, indicates that the currency has been moving higher against the USD

➡ Consolidation, indicates that the currency's movement against the USD has remained sideways

⬇ Down Trend, indicates that the currency has been moving lower against the USD 

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