USD/MYR Analysis: Tight Range Amidst a Game of Wait and See Trading – 23 October 2025
The USD/MYR remains tightly range-bound near 4.2285 as traders await the upcoming Fed decision, with support at 4.2175 and resistance at 4.2315.

The USD/MYR remains tightly range-bound near 4.2285 as traders await the upcoming Fed decision, with support at 4.2175 and resistance at 4.2315.
WTTC says 5.3% decline in tourist spend suggests policies such as increased air passenger duty have had impact
The government has been accused of “sabotaging” the UK’s tourism industry, after figures showed international visitors spent more than £2bn less last year than they did before the pandemic.
The World Travel and Tourism Council (WTTC) – which found in a new study that people visiting the UK spent £40.3bn in 2024, down 5.3% on 2019 – said that the government has made “deliberate policy choices” that had created “barriers to travel”.
The S&P 500 holds near record highs at 6,511, with resistance at 6,520 in focus ahead of US inflation data that could shape Fed rate cuts.
The U.S. dollar traded choppily but held firm above the key 1.40 level against the Canadian dollar on Wednesday, with bullish signals pointing toward a 1.4250 target.