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Daily FX Focus

9 October 2026

Important Risk Warning

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AUD

Support / Resistance

vs USD 0.6858 / 0.7096 ⬇

AUD weakened against USD yesterday as risk-sensitive currencies stayed pressured by Middle East tensions, higher energy prices and yields, leaving AUD unable to build on domestic support despite a softer USD tone. AUDUSD fell 0.09% yesterday while AUDHKD ended at 5.46 level.

EUR

Support / Resistance

vs USD 1.1081 / 1.1416 ⬇

EUR appreciated against USD yesterday as the greenback softened after Waller’s remarks, but gains were modest due to Europe’s fiscal concerns and higher oil prices clouding sentiment. EURUSD rose 0.13% yesterday while EURHKD ended at 8.80 level.

GBP

Support / Resistance

vs USD  1.3134 / 1.3357 ⬇

GBP appreciated against USD yesterday as softer Fed expectations after Waller’s comments outweighed earlier yield-driven USD support, but global caution and high borrowing costs restrained gains. GBPUSD rose 0.11% yesterday while GBPHKD ended at 10.38 level.

NZD

Support / Resistance

vs USD 0.5543 / 0.5713 ⬇

NZD appreciated against USD yesterday as the dollar softened, but risk appetite stayed fragile with higher oil prices and geopolitical tension keeping NZD near recent lows. NZDUSD rose 0.13% yesterday while NZDHKD ended at 4.39 level.

RMB

Support / Resistance

vs USD 6.6874 / 6.7229 ⬆

CNH weakened against USD yesterday despite a softer dollar, as Beijing’s currency policy defense during EU trade talks failed to offset cautious sentiment and demand for defensive positioning. USDCNH rose 0.01% yesterday while CNHHKD ended at 1.17 level.

CAD

Support / Resistance

vs USD  1.4036 / 1.4354 ⬇

CAD appreciated against USD yesterday as firmer oil prices supported Canada’s terms-of-trade and a softer dollar tone aided gains, even as inflation worries kept global yields elevated. USDCAD fell 0.21% yesterday while CADHKD ended at 5.51 level.

JPY

Support / Resistance

vs USD 156.46 / 159.14 ⬇

JPY appreciated against USD yesterday as the dollar softened and traders stayed alert to intervention risk, with Japan’s policy normalization and market defensiveness supporting the yen. USDJPY fell 0.13% yesterday while JPYHKD ended at 4.97 level.

SGD

Support / Resistance

vs USD 1.2755 / 1.2844 ⬇

SGD weakened against USD yesterday despite a softer dollar, as cautious Asia FX sentiment, higher oil prices and bond-market stress left the currency under pressure. USDSGD rose 0.09% yesterday while SGDHKD ended at 6.12 level.

MYR

Support / Resistance

vs USD 4.0715 / 4.1038 ⬇

USDMYR is expected to remain in consolidation mode today, with the pair likely to edge around recent highs but still struggle to build sustained topside momentum. The broader dollar is slightly softer on the surface, with EUR moving back above 1.12, but the softer risk tone from weaker equities and still supportive oil prices should continue to prevent the USD from losing ground too easily. That should leave USD/MYR broadly stable to slightly firm, but still contained. Yesterday’s flow picture also supports that interpretation, with corporates and bond-related names on the LHS while custodians and offshore funds were RHS-biased, leaving the pair largely driven by offsetting flows rather than a strong macro-directional push. The key near-term level remains 4.10, but as long as USD supply continues to emerge on rallies into that area, upward momentum should remain capped and the pair should keep consolidating in the recent range. For today, 4.0850–4.0950 remains a reasonable working range.

⬆ 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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