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Treasury

Daily Market Patrol

Market Patrol 14 October 2020

Success usually comes to those who are too busy to be looking for it

Henry David Thoreau
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 dipped $1.2918 on concerns about a no-deal Brexit and fears over a looming lockdown hurt sentiment.
Fundamental News

EUR/USD
The Shared currency slipped to $1.1744 as renewed questions about a coronavirus vaccine and lack of an agreement on additional U.S. fiscal stimulus prompted a shift to safer assets.

 

GBP/USD
The Pound Sterling dipped $1.2918 on concerns about a no-deal Brexit and fears over a looming lockdown hurt sentiment.

 

USD/JPY
The Japanese Yen unfazed at 105.45 against the greenback despite risk aversion sentiment in the market.

 

AUD/USD
The Aussie dollar lost ground to $0.7170 as Australia's Consumer Confidence receded to 11.9% in October from September's 18%.

 

USD/ZAR
South African rand slightly up at 16.47 against the U.S counterpart, as investors tread cautiously with an eye on local events and upcoming elections in the United States.

 

USD/MUR
The USD/MUR dropped by 5 cents to 40.15(selling) following the intervention of the Bank of Mauritius yesterday.

Fundamental & Technical Data
Economic Indicators-Local Time
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
-
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
1.1883
1.3179
106.38
17.27
R2
1.1849
1.3125
106.21
174.03
R1
1.1798
1.3031
105.92
16.80
PP
1.1764
1.2977
105.75
16.57
S1
1.1713
1.2883
105.49
16.77
S2
1.1679
1.2829
105.29
16.42
S3
1.1628
1.2735
105.00
16.35
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.