Top of main content
Daily FX Focus

11 September 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 0.7103 / 0.7221 ➡

AUD weakened against the U.S. dollar yesterday as the USD rebounded on strong U.S. producer prices, offsetting support from earlier China stimulus hopes and hawkish Reserve Bank of Australia remarks that had lifted the currency this week. AUDUSD fell 0.83% yesterday while AUDHKD ended at 5.61 level.

EUR

Support / Resistance

vs USD 1.1554 / 1.1676 ➡

EUR weakened against USD yesterday as the dollar firmed after strong U.S. producer price data, and the euro failed to hold gains even after the ECB raised rates, with markets focusing more on U.S. inflation risks. EURUSD fell 0.18% yesterday while EURHKD ended at 9.10 level.

GBP

Support / Resistance

vs USD 1.3434 / 1.3619 ➡

GBP weakened against the U.S. dollar yesterday as renewed dollar demand after the U.S. producer price surprise pushed sterling lower, while traders looked ahead to key UK growth and production data for further direction. GBPUSD fell 0.26% yesterday while GBPHKD ended at 10.59 level.

NZD

Support / Resistance

vs USD 0.5732 / 0.5923 ⬇

NZD weakened against USD yesterday as hotter U.S. producer prices revived expectations of a Fed hike and kept the dollar firm, leaving the kiwi under pressure despite late stabilisation and focus shifting to New Zealand manufacturing data. NZDUSD fell 0.70% yesterday while NZDHKD ended at 4.54 level.

RMB

Support / Resistance

vs USD  6.7002 / 6.7307 ⬆

CNH weakened against the U.S. dollar yesterday as the greenback gained on stronger U.S. inflation signals, though losses were modest as China’s latest inflation data and renewed stimulus hopes helped limit pressure on the currency in Asian trading. USDCNH rose 0.12% yesterday while CNHHKD ended at 1.16 level.

CAD

Support / Resistance

vs USD  1.3745 / 1.3927 ⬆

CAD weakened against USD yesterday as the dollar regained momentum after strong U.S. producer prices, and the loonie did not fully benefit from higher oil prices, with risk caution and firmer U.S. yields supporting the greenback. USDCAD rose 0.20% yesterday while CADHKD ended at 5.67 level.

JPY

Support / Resistance

vs USD 151.40 / 158.92 ⬆

JPY weakened against the U.S. dollar yesterday as the yen’s recent rally paused, while firmer U.S. rate expectations and higher global yields supported the greenback even as markets expect the Bank of Japan to tighten policy next week. USDJPY rose 0.56% yesterday while JPYHKD ended at 5.07 level.

SGD

Support / Resistance

vs USD 1.2619 / 1.2747 ⬆

SGD weakened against the U.S. dollar yesterday as Asia currency trading stayed cautious before U.S. inflation data, and the greenback found support from hot producer prices, rising oil costs and firmer yields. USDSGD rose 0.30% yesterday while SGDHKD ended at 6.18 level.

MYR

Support / Resistance

vs USD 4.0314 / 4.0872 ⬇

Yesterday, USDMYR spot opened unchanged compared to previous day’s closing with light USD buying activities lifting it to a high of 4.07 levels by early morning. USDMYR’s further gains were further capped as USD supplies came in, and eventually pushed the pair to grind back slower towards 4.06 by mid day. The pair continued to trade in tight consolidation mode within 4.06 and 4.07 levels with balanced two-way flows from both sellers and buyers. We saw seller flows emerging from bond related flows, whereas buyer flows coming from corporates and offshore funds respectively. Overnight, US PPI data was released and data showed prices growing month-on-month, in line with other inflationary data that showed steady growth across months. Today, USDMYR opened unchanged at 4.06 levels and is expected to trade within a range of 4.04 – 4.10 for the rest of the day.

⬆ 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 

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

Markets are pricing a faster BoJ hiking path than in recent years…[7 Sep]
The CAD weakened following the breakdown of US-Canada trade talks, but we do not see this...[31 Aug]
The FX market is again testing the USD on the basis of structural drivers, but cyclical…[24 Aug]
The US Treasury’s buyback plan has pressured the USD. [24 Aug]

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.