Internet Banking
Click icon again to close

Treasury

Daily Market Patrol

Market Patrol 02 October 2020

Machine Learning is now doing amazing things if you give it enough data.

Daphne Koller
Indicative Selling Rates
against MUR
USD
20 Sep 2021
  • AUD
  • 31.22
  • 0.7295
  • BWP
  • 3.91
  • 0.0914
  • CAD
  • 33.73
  • 1.2691
  • CNY
  • 6.71
  • 6.3788
  • DKK
  • 6.84
  • 6.2566
  • EUR
  • 50.31
  • 1.1755
  • HKD
  • 5.59
  • 7.6619
  • INR
  • 0.59
  • 72.6819
  • JPY
  • 39.24
  • 109.0796
  • KES
  • 39.39
  • 108.6531
  • NZD
  • 30.30
  • 0.7080
  • NOK
  • 4.98
  • 8.5866
  • SGD
  • 32.02
  • 1.3367
  • ZAR
  • 2.94
  • 14.5487
  • SEK
  • 4.98
  • 8.5976
  • CHF
  • 46.22
  • 1.0799
  • GBP
  • 58.88
  • 1.3757
  • USD
  • 42.80
  • 1.0000
  • AED
  • 11.78
  • 3.6323
The Japanese yen surged to 105.00 after U.S. President Donald Trump tested positive for COVID-19
Fundamental News

EUR/USD
The Shared currency dropped to $1.1725 after the European Commission said that a long-lasting appreciation of the euro's nominal effective exchange rate could hurt the euro zone's economic recovery and make the task of boosting inflation more difficult for the European Central Bank.

 

GBP/USD
The Cable dropped and popped from $1.2815 to $1.2978 on a tumultuous Thursday, in direct response to Brexit-related news, as Britain and the EU neared the end of the last scheduled round of trade talks.

 

AUD/USD
The Aussie dollar slipped to $0.7160 despite a better than forecasted Australian retail sales data.

 

USD/JPY
The Japanese yen surged to 105.00 versus the greenback after U.S. President Donald Trump said he tested positive for COVID-19 and entered quarantine.

 

USD/ZAR
South Africa's rand turned sour to 16.71 this morning dumped on risk aversion after Trump COVID news.

 

USD/MUR
The USD/MUR is unchanged at 40.35(selling) on the domestic market.

Fundamental & Technical Data
Economic Indicators-Local Time

13:00 - EUR - CPI(YoY)(Sep)

16:30 - USD - Nonfarm Payrolls (Sep)

16:30 - USD - Unemployment Rate (Sep)

 

 

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
05-Nov-2020
European Central Bank
0.00%
10-Mar-2016
29-Oct-2020
Bank of England
0.10%
19-May-2020
-
Bank of Japan
-0.10%
28-Jan-2016
-
Reserve Bank of Australia
0.25%
18-Mar-2020
-
S.Africa Reserve Bank
3.50%
23-Jul-2020
-
Reserve Bank of India
4.00%
22-May-2020
01-Oct-2020
Bank of Mauritius
1.85%
16-Apr-2020
-
Looking for Markets correlation?
Market Correlation is a measure, statistical or observational, that gives a positive or negative link between the pricing of multiple currencies.

Bulls & Bears Levels
Resistance and Support
Levels
EUR/USD
GBP/USD
USD/JPY
USD/ZAR
R3
1.1827
1.3132
106.03
17.36
R2
1.1798
1.3056
105.88
17.21
R1
1.1774
1.2973
105.70
17.08
PP
1.1746
1.2896
105.55
17.97
S1
1.1722
1.2814
105.38
16.77
S2
1.1693
1.2737
105.23
16.50
S3
1.1669
1.2655
105.06
16.06
Weekly FX Market Analysis by Karishma Sewock Nobutsing on Radio One
Speak to our team
  • Allan Juste
    Head - Forex And Derivatives
    +230 5251 4855
  • Reshma Peerun Rajwani
    Head – Treasury Sales
    +230 403 5500
  • Karishma Sewock Nobutsing
    Senior Dealer - Treasury Sales
    (+230) 5943 9837
Disclaimer
Please note that the information published is purely indicative. It is based on technical data from sources which the Bank verily believes to be authentic, though its timeliness or accuracy cannot be warranted or guaranteed. AfrAsia Bank Ltd issues no invitation to anyone to rely on this bulletin and neither we nor our information providers shall be in no way whatsoever, liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness, or for any delay or interruption in the transmission thereof to the user. The indicative rates and other market information are subject to changes at the Bank's discretion. Whilst every effort is made to ensure the information is accurate, you should confirm the latest situation with the Bank prior to making any decisions.