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Daily FX Focus

30 April 2026

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 0.6992 / 0.7230 ⬆

AUD fell against USD yesterday as investors favored the greenback amid geopolitical worries and the Fed decision, despite Australia’s inflation data fueling rate hike speculation. AUDUSD fell 0.91% yesterday while AUDHKD ended at 5.57 level.

EUR

Support / Resistance

vs USD 1.1609 / 1.1797 ➡

EUR weakened versus USD yesterday after euro-area confidence indicators fell, and investors sought the dollar as a haven ahead of the Fed decision and Middle East tensions. EURUSD fell 0.30% yesterday while EURHKD ended at 9.15 level.

GBP

Support / Resistance

vs USD 1.3367 / 1.3589 ⬆

GBP fell against USD yesterday as the Fed kept rates unchanged and stressed persistent inflation combined with Iran-linked energy worries and weak growth projections from a think tank. GBPUSD fell 0.31% yesterday while GBPHKD ended at 10.56 level.

NZD

Support / Resistance

vs USD 0.5766 / 0.5910 ⬇

NZD weakened versus USD yesterday after RBNZ Governor said core inflation was within target and stressed caution over Middle East risks, reducing rate hike expectations. NZDUSD fell 0.95% yesterday while NZDHKD ended at 4.56 level.

RMB

Support / Resistance

vs USD 6.8177 / 6.8622 ➡

CNH weakened against USD yesterday as cautious trading prevailed ahead of the Fed decision, with few signals from China and Middle East tensions supporting the dollar. USDCNH rose 0.11% yesterday while CNHHKD ended at 1.14 level.

CAD

Support / Resistance

vs USD 1.3560 / 1.3842 ⬆

CAD rose against USD yesterday as the Bank of Canada kept rates unchanged but noted higher oil prices from Iran conflict are lifting inflation and tightening remains possible. USDCAD rose 0.01% yesterday while CADHKD ended at 5.72 level.

JPY

Support / Resistance

vs USD 158.48 / 161.38 ⬇

JPY fell against USD yesterday as the dollar stayed firm ahead of the Fed decision, with yen pressured by the policy gap after BOJ’s hawkish hold and intervention warnings. USDJPY rose 0.49% yesterday while JPYHKD ended at 4.88 level.

SGD

Support / Resistance

vs USD 1.2708 / 1.2868 ⬇

SGD fell against USD yesterday as Asian investors bought the dollar ahead of the Fed decision and digested ADB’s growth downgrade, despite strong results from a Singapore bank. USDSGD rose 0.32% yesterday while SGDHKD ended at 6.11 level.

MYR

Support / Resistance

vs USD 3.9340 / 3.9772 ➡

USDMYR traded with a slightly firmer bias overnight as crude oil futures and US yields pushed higher, while limited progress on the Iran situation and ongoing blockade concerns kept the broader USD supported, with USDJPY trading above 160. Even so, MYR continues to attract selling interest on dollar rallies rather than chase the move, leaving price action more range bound than directional. The pair has recently peaked around 3.9720 and that area should attract some USD supply on any test, with spot broadly consolidating within the recent 3.94–3.98 band. This morning, USDMYR opened at 3.9500/3.9600 and has already traded, and my bias is for another day of consolidation with an expected intraday range of 3.95–3.97 as the market fades moves towards the topside rather than breaking out.

⬆ 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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