19 Nov 2024
Support / Resistance
vs USD 0.6402 / 0.6650 ⬇
AUD ended higher against the dollar yesterday as the USD fell broadly ahead of the release of the RBA minutes of the monetary policy releasing today, while Governor Bullock will deliver a speech on Thursday. AUDUSD rose 0.71% yesterday while AUDHKD ended at 5.06 level.
Support / Resistance
vs USD 1.0418 / 1.0859 ⬇
EUR strengthened against the dollar yesterday as the USD eased amid profit taking. Top ECB policymakers VP Luis de Guindos and Bundesbank President Joachim Nagel emphasized on the effect of US trade restrictions on regions economic growth. EURUSD rose 0.55% yesterday while EURHKD ended at 8.24 level.
Support / Resistance
vs USD 1.2498 / 1.2951 ⬇
GBP rose against the dollar yesterday after falling to a six-month low the previous week, ahead of UK CPI inflation due tomorrow. The unexpected fall in UK GDP could prompt expectations for more interest rate cuts by the BOE. GBPUSD rose 0.48% yesterday while GBPHKD ended at 9.86 level.
Support / Resistance
vs USD 0.5805 / 0.6008 ⬇
NZD rose against the dollar yesterday as USD fell across the board amid profit taking into the November rise. Also, NZD gained strength against yen as BOJ's Ueda disappointed hawks. NZDUSD rose 0.46% yesterday while NZDHKD ended at 4.58 level.
Support / Resistance
vs USD 7.1326 / 7.2933 ⬆
CNH rose against the dollar yesterday as the USD rally took a breather, while the Chinese CB renewed its support through its regular market guidance and some signs of recovery in the economy helped underpin CNH. USDCNH fell 0.13% yesterday while CNHHKD ended at 1.07 level.
Support / Resistance
vs USD 1.3854 / 1.4139 ⬇
CAD rose against the US dollar yesterday, snapping a six-day losing streak. Data showed Canadian housing starts in Oct rose more than expected. CAD was also boosted by rising oil prices which climbed over 3%. USDCAD fell 0.53% yesterday while CADHKD ended at 5.55 level.
Support / Resistance
vs USD 151.70 / 157.17 ⬆
JPY weakened against the dollar yesterday. BOJ Governor Ueda said the central bank will keep raising interest rates if economic and price developments move in line with forecasts, however offered no hints on the timing of the hike. USDJPY rose 0.23% yesterday while JPYHKD ended at 5.03 level.
Support / Resistance
vs USD 0.8656 / 0.8960 ⬇
CHF strengthened against the dollar yesterday. The Swiss National Bank is expected to cut rates again in Dec by either 25 or 50 bps and focus with be on SNB Chairman Schlegel's speech in Zurich on Friday. USDCHF fell 0.51% yesterday while CHFHKD ended at 8.81 level.
Support / Resistance
vs USD 1.3180 / 1.3539 ⬇
SGD rose against the US dollar yesterday as the US treasury yields eased as traders digested Trump trades. Meanwhile, Singapore's non-oil domestic exports fell 4.6% in Oct as shipments decreased while electronics grew. USDSGD fell 0.25% yesterday while SGDHKD ended at 5.81 level.
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