11 Jun 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 0.6925 / 0.7139 ⬇
AUD weakened vs USD yesterday as markets saw the RBA’s next move as a cut, while a firmer dollar and cautious risk mood added pressure. AUDUSD fell 0.44% yesterday while AUDHKD ended at 5.48 level.
EUR
Support / Resistance
vs USD 1.1461 / 1.1647 ⬇
EUR weakened vs USD yesterday as investors stayed cautious with U.S. inflation data release and Middle East uncertainty kept the dollar firm, with no fresh euro-area support ahead of the ECB decision. EURUSD fell 0.07% yesterday while EURHKD ended at 9.03 level.
GBP
Support / Resistance
vs USD 1.3276 / 1.3483 ⬇
GBP weakened vs USD yesterday as sterling lost ground in a firmer-dollar environment, with investors cautious ahead of UK data and no strong domestic catalyst to offset defensive dollar demand. GBPUSD fell 0.09% yesterday while GBPHKD ended at 10.47 level.
NZD
Support / Resistance
vs USD 0.5716 / 0.5935 ⬇
NZD weakened vs USD yesterday as a firm dollar and cautious market mood outweighed support from steadier risk assets, leaving the currency under pressure with U.S. inflation data release. NZDUSD fell 0.34% yesterday while NZDHKD ended at 4.54 level.
RMB
Support / Resistance
vs USD 6.7581 / 6.8047 ⬆
CNH weakened vs USD yesterday as Asian currencies stayed subdued with U.S. inflation data release, while China’s May inflation missed expectations and producer prices fell further, supporting a firmer dollar. USDCNH rose 0.05% yesterday while CNHHKD ended at 1.15 level.
CAD
Support / Resistance
vs USD 1.3814 / 1.4017 ⬇
CAD appreciated vs USD yesterday despite the firmer dollar. The Bank of Canada held rates and said higher energy prices weren’t broadly feeding inflation with commodities steady. USDCAD fell 0.04% yesterday while CADHKD ended at 5.62 level.
JPY
Support / Resistance
vs USD 159.32 / 161.15 ⬇
JPY weakened vs USD yesterday as the wide policy gap between the Fed and BOJ persisted, while a Reuters poll on BOJ tightening failed to dent demand for the firm dollar. USDJPY rose 0.12% yesterday while JPYHKD ended at 4.88 level.
SGD
Support / Resistance
vs USD 1.2774 / 1.2946 ⬇
SGD weakened vs USD yesterday as Asian currencies stayed subdued by geopolitical caution and focus on U.S. inflation, though Singapore’s steady backdrop limited the move. USDSGD rose 0.05% yesterday while SGDHKD ended at 6.08 level.
MYR
Support / Resistance
vs USD 3.9853 / 4.1153 ⬇
The MYR opened higher against the USD as stronger United States inflation reinforced expectations that the Federal Reserve would keep interest rates elevated for longer. US CPI broadly in line but equities continue to be soft along with higher US yields which have kept the broader US Dollar supported. Middle East tensions escalated with fresh US strikes on Iran, pushing oil prices and US rates higher. Overnight President Trump seemed to up the pressure on Iran to make a deal when he said that he would strike Iran very hard as the Iranian negotiators from the US’s point of view is dragging out the peace talks. Markets continue to price in the likelihood of some form of short-term peace agreement. Geopolitical tensions remain the focus here while expect the USDMYR pair to hover below the YTD highs today, while 4.10 will be the next resistance level to watch. Market opened at 4.0700/4.0740, expected range at 4.0600-4.0800 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
Related Insights
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.