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Treasury

Daily Market Patrol

Market Patrol 10 August 2020

It always seems impossible until it's done.

Nelson Mandela
Indicative Selling Rates
against MUR
USD
24 Sep 2021
  • AUD
  • 31.55
  • 0.7362
  • BWP
  • 3.91
  • 0.0913
  • CAD
  • 34.11
  • 1.2564
  • CNY
  • 6.72
  • 6.3745
  • DKK
  • 6.87
  • 6.2409
  • EUR
  • 50.50
  • 1.1785
  • HKD
  • 5.60
  • 7.6580
  • INR
  • 0.59
  • 72.6590
  • JPY
  • 39.12
  • 109.5434
  • KES
  • 39.35
  • 108.8984
  • NZD
  • 30.55
  • 0.7130
  • NOK
  • 5.08
  • 8.4425
  • SGD
  • 32.10
  • 1.3351
  • ZAR
  • 2.96
  • 14.4639
  • SEK
  • 5.03
  • 8.5245
  • CHF
  • 46.66
  • 1.0889
  • GBP
  • 59.01
  • 1.3772
  • USD
  • 42.85
  • 1.0000
  • AED
  • 11.80
  • 3.6323
The Mauritian rupee dragged down by 12 cents following Bank Of Mauritius' intervention on last Friday
Fundamental News

EUR/USD

The Shared currency dropped to $1.1794 after upbeat U.S. Non-farm payrolls data, pushing U.S. Treasury yields higher.

 

GBP/USD

The Cable slipped to $1.3072 after British diplomats like Michael Gove and Rishi Sunak highlighted the odds of a Brexit deal by September without citing any strong shreds of evidence.

 

USD/JPY

The safe-haven yen retreated to 105.77 against the greenback on broad U.S dollar strength, while Japan is closed for a public holiday.

 

AUD/USD

The Aussie dollar tumbled to $0.7168 after Australia's second-most populous state, Victoria, reported its deadliest day of the coronavirus outbreak on Sunday, with 17 people dying and 394 new cases.

 

USD/ZAR

South Africa's rand fell to 17.73 versus the U.S dollar, amid souring emerging market sentiment led by Turkey's currency crisis coupled with increasing tension between China and the United States.

 

USD/MUR

The Mauritian rupee dragged down by 12 cents to 40.13 (selling), following the intervention of Bank Of Mauritius on last Friday.

Fundamental & Technical Data
Economic Indicators-Local Time

18:00 - USD - JOLTs Job Openings (Jun)

 

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
14-Sep-2020
European Central Bank
0.00%
10-Mar-2016
10-Sep-2020
Bank of England
0.10%
19-May-2020
17-Sep-2020
Bank of Japan
-0.10%
28-Jan-2016
17-Sep-2020
Reserve Bank of Australia
0.25%
18-Mar-2020
01-Sep-2020
S.Africa Reserve Bank
3.50%
23-Jul-2020
17-Sep-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
1.1988
1.3278
106.74
18.25
R2
1.1935
1.3215
106.40
17.85
R1
1.1861
1.3135
106.16
17.67
PP
1.1808
1.3072
105.82
17.00
S1
1.1734
1.2992
105.58
16.32
S2
1.1681
1.2929
105.24
16.17
S3
1.1607
1.2849
105
16.00
Technical Analysis - Forex Charts
Japanese Yen may flirt to 105.30/19/dlr, further underscoring what may appear to be a buoyant month.
Chart updated on 24.07.2020
Weekly Technical Analysis on GBP by Aassan Deedarun 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.