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Treasury

Daily Market Patrol

Market Patrol 1 December 2020

We may encounter many defeats but we must not be defeated

Maya Angelou
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 Pound Sterling consolidated around $1.3364 as the market awaits the outcome of Brexit negotiations.
Fundamental News

EUR/USD

The Shared currency dropped to $1.1958 ahead of Eurozone's pool of economic data.

 

GBP/USD

The Pound Sterling consolidated around $1.3364 as the market awaits the outcome of Brexit negotiations.

 

USD/JPY

The Japanese yen slipped to 104.39 against the greenback amid economic fears and doubts over the US coronavirus aid package.

 

AUD/USD

The Aussie dollar edged lower to $0.7366 despite domestic economic news stayed upbeat and global commodity prices strong.

 

USD/ZAR

South African rand extended losses to 15.37 per U.S dollar on disappointing local economic data kept the currency on the back foot.

 

USD/MUR

The dollar-rupee unchanged at 40.35(selling).

Fundamental & Technical Data
Economic Indicators-Local Time

12:55 - EUR - German Unemployment Change (Nov)

12:55 - EUR - German Manufacturing PMI (Nov)

13:30 - GBP - Manufacturing PMI (Nov)

14:00 - EUR - CPI (YoY) (Nov)

17:30 - CAD - GDP (MoM)(Sep)

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
16-Dec-2020
European Central Bank
0.00%
10-Mar-2016
10-Dec-2020
Bank of England
0.10%
19-May-2020
17-Dec-2020
Bank of Japan
-0.10%
28-Jan-2016
18-Dec-2020
Reserve Bank of Australia
0.10%
03-Nov-2020
01-Dec-2020
S.Africa Reserve Bank
3.50%
23-Jul-2020
-
Reserve Bank of India
4.00%
22-May-2020
04-Dec-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
1.2034
1.3454
104.68
16.42
R2
1.1999
1.3418
104.48
15.81
R1
1.1979
1.3363
104.30
15.67
PP
1.1944
1.3327
104.10
15.46
S1
1.1924
1.3272
103.92
15.18
S2
1.1889
1.3236
103.72
15.04
S3
1.1869
1.3181
103.54
14.73
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.