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Treasury

Daily Market Patrol

Market Patrol 05 October 2020

A successful man is one who can lay a firm foundation with the bricks that other throw at him

David Brinkley
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 Shared currency rose to $1.1730 on easing concerns about Trump's health.
Fundamental News

EUR/USD
The Shared currency rose to $1.1730 on easing concerns about Trump's health, as investors prepare for the run-up to the next month's U.S presidential election.

 

GBP/USD
The Pound sterling meandered at $1.2936 after German Chancellor Angela Merkel said she had no breakthrough to announce from EU talks with Britain but remained optimistic that a deal on their post-Brexit trade relationship was still possible before year-end.

 

USD/JPY
The haven yen dropped to 105.58 against the U.S dollar despite a better than expected Japanese Services PMI earlier today.

 

AUD/USD
The Aussie dollar edged up to $0.7180 after the Australian government announced additional wage subsidies to help the labour market.

 

USD/ZAR
South Africa's rand surged to 16.48 versus the greenback on risk appetite after President Donald Trumps doctors painted an upbeat picture on Sunday.

 

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

Fundamental & Technical Data
Economic Indicators-Local Time

12:30 - GBP - Composite PMI
12:30 - GBP - Services PMI

18:00 - USD - ISM Non-Manufacturing Employment (Aug)

 

 

 

 

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.