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Daily FX Focus

28 August 2026

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AUD

Support / Resistance

vs USD  0.7089 / 0.7250 ⬆

AUD rose against USD yesterday, supported by strong Australian inflation and RBA rate hike expectations, keeping the Aussie firm as markets turned cautious ahead of Jackson Hole. AUDUSD rose 0.33% yesterday while AUDHKD ended at 5.63 level.

EUR

Support / Resistance

vs USD 1.1537 / 1.1738 ⬆

EUR edged higher against USD yesterday, as the dollar lost momentum and traders stayed cautious ahead of Fed Chair Warsh’s Jackson Hole remarks, extending the euro’s resilience. EURUSD rose 0.02% yesterday while EURHKD ended at 9.13 level.

GBP

Support / Resistance

vs USD  1.3484 / 1.3688 ⬆

GBP slipped against USD yesterday as the dollar stabilized and sterling gave back some gains after its strong rally, though UK data remained supportive ahead of the Fed chair’s speech. GBPUSD fell 0.01% yesterday while GBPHKD ended at 10.65 level.

NZD

Support / Resistance

vs USD 0.5851 / 0.6018 ⬆

NZD advanced against USD yesterday as the dollar eased and the kiwi moved above 0.5950, mainly supported by broader dollar softness and cautious positioning ahead of Jackson Hole. NZDUSD rose 0.12% yesterday while NZDHKD ended at 4.66 level.

RMB

Support / Resistance

vs USD  6.7052 / 6.7404 ⬆

CNH edged higher against USD yesterday as USD/CNH moved lower in a quiet session, reflecting mild dollar softness and leaving the offshore yuan firmer ahead of key policy signals. USDCNH fell 0.05% yesterday while CNHHKD ended at 1.16 level.

CAD

Support / Resistance

vs USD  1.3734 / 1.3969 ⬆

CAD strengthened against USD yesterday as firmer oil prices and a surprise current account surplus helped the Loonie recover, showing resilience despite trade tensions with the U.S. USDCAD fell 0.16% yesterday while CADHKD ended at 5.65 level.

JPY

Support / Resistance

vs USD 158.07 / 160.24  ➡

JPY weakened against USD yesterday as USD/JPY edged higher, supported by modest dollar demand ahead of Jackson Hole, though the move was limited by BOJ tightening expectations. USDJPY rose 0.05% yesterday while JPYHKD ended at 4.91 level.

SGD

Support / Resistance

vs USD 1.2653 / 1.2792 ⬆

SGD rose against USD yesterday as the dollar eased and regional currencies stayed stable in quiet trading, reflecting mild downward pressure on USD/SGD without major Singapore-specific catalysts. USDSGD fell 0.05% yesterday while SGDHKD ended at 6.16 level.

MYR

Support / Resistance

vs USD 4.0047 / 4.0787 ⬆

Yesterday, USDMYR opened around 4.03 and traded in broad consolidation throughout the morning. Flows were rather balanced from both interbank an corporate flows. In the afternoon session, USDMYR continued to trade in consolidation mode, though there were some better USD demands on the dips. USDMYR ended the day closing around 4.03 as well. Overnight, there was little developments with USD a tad softer. We see USDMYR opened a tad lower though still hovering around the 4.03 mark. We expect corporate demand to continue dictating flows on the last day of August before we close for public holidays on Monday. USDMYR expected to trade in range of 4.02-4.05 for today.

⬆ 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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