Daily FX Focus
4 September 2026
CNH
Support / Resistance
vs USD 6.7047 / 6.7396 ⬆
vs HKD 1.1634 / 1.1691
CNH appreciated against USD yesterday as the dollar retreat and better Chinese services data lent support to regional currencies, helping the offshore yuan edge firmer even though traders remained watchful on China’s growth and trade tensions. USDCNH fell 0.01% yesterday while CNHHKD ended at 1.16 level.
EUR
Support / Resistance
vs USD 1.1551 / 1.1704 ⬆
vs HKD 9.0591 / 9.1755
EUR appreciated against USD yesterday as the currency drew support from expectations that the ECB will raise rates next week, while softer U.S. labor data offset disappointment from weaker euro area services readings and kept the dollar defensive. EURUSD rose 0.33% yesterday while EURHKD ended at 9.11 level.
GBP
Support / Resistance
vs USD 1.3436 / 1.3640 ➡
vs HKD 10.5353 / 10.6935
GBP appreciated against USD yesterday as comments from BoE policymaker Catherine Mann that growth had strengthened, the labor market stabilized and inflation was firmer than expected supported sterling while the softer U.S. tone also helped. GBPUSD rose 0.29% yesterday while GBPHKD ended at 10.60 level.
AUD
Support / Resistance
vs USD 0.7104 / 0.7253 ⬆
vs HKD 5.5706 / 5.6862
AUD appreciated against USD yesterday as Australia’s July trade surplus beat expectations and investors favored the currency on firm RBA tightening expectations after recent inflation and growth surprises, even as risk sentiment stayed cautious. AUDUSD rose 0.45% yesterday while AUDHKD ended at 5.64 level.
NZD
Support / Resistance
vs USD 0.5792 / 0.5979 ➡
vs HKD 4.5414 / 4.6867
NZD appreciated against USD yesterday as the broadly softer U.S. tone after weak private payrolls data encouraged demand for higher-beta currencies, allowing it to recover alongside other majors even without a major fresh domestic catalyst. NZDUSD rose 0.50% yesterday while NZDHKD ended at 4.61 level.
CAD
Support / Resistance
vs USD 1.3700 / 1.3910 ⬆
vs HKD 5.6348 / 5.7191
CAD appreciated against USD yesterday as the softer U.S. tone after weak private payrolls data combined with firmer oil prices, supporting the currency and helping it extend gains even as markets remained alert to Canada’s policy and growth outlook. USDCAD fell 0.35% yesterday while CADHKD ended at 5.68 level.
JPY
Support / Resistance
vs USD 153.91 / 159.03 ⬆
vs HKD 4.9295 / 5.0898
JPY appreciated against USD yesterday as hawkish Bank of Japan repricing gathered pace and Japan’s top currency official said authorities remained ready to act, reinforcing demand for the yen alongside the broader weakening in the dollar. USDJPY fell 1.83% yesterday while JPYHKD ended at 5.03 level.
CHF
Support / Resistance
vs USD 0.7963 / 0.8172 ➡
vs HKD 9.5902 / 9.8450
CHF appreciated against USD yesterday after Swiss second-quarter GDP rose 1.5% quarterly and August inflation increased 0.4% month on month, both above expectations, giving the franc firm domestic support as the weaker U.S. tone reinforced demand. USDCHF fell 0.66% yesterday while CHFHKD ended at 9.71 level.
SGD
Support / Resistance
vs USD 1.2616 / 1.2755 ⬆
vs HKD 6.1454 / 6.2089
SGD appreciated against USD yesterday as the softer dollar after weak U.S. jobs data lifted regional currencies, allowing the Singapore dollar to strengthen in step with Asia FX while markets stayed cautious over external growth and energy risks. USDSGD fell 0.30% yesterday while SGDHKD ended at 6.18 level.
*Current Trend observations pertain to historical trend technical analysis only and do not reflect any forward looking fundamental views. The signal is generated with both the 20-days moving average and the 50-days moving average.
⬆ 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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