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Treasury

Daily Market Patrol

Market Patrol 15 September 2020

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Sir Ronald Cohen
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
USD/MUR lingered at 40.20(selling) post-BOM intervention.
Fundamental News

EUR/USD
The single currency soared to $1.19, on the back of broad dollar weakness after the Trump administration rolled back its plans for an import ban on cotton and tomato products from China’s Xinjiang region.

 

GBP/USD
The cable retreated from high of $1.2918 to $1.2865, despite the UK government won an initial Parliamentary vote on its controversial bill to violate the Brexit deal with the European Union.

 

USD/JPY
The safe-haven yen vaulted to a two-week low at 105.55 per dollar on Monday following Yoshihide Suga election as the president of Japan's ruling Liberal Democratic Party.

 

AUD/USD
The Aussie slipped to $0.7330 as odds narrowed for further monetary policy easing by the country's central bank.

 

USD/ZAR
South Africa's rand firmed at 16.60 against the greenback lifted by improved risk appetite globally as a coronavirus vaccine trial was back on track.

 

USD/MUR
The dollar-rupee lingered at 40.20(selling) in the wake of the Bank of Mauritius' intervention on the FX market yesterday.

Fundamental & Technical Data
Economic Indicators-Local Time

10:00 - GBP - Average Earnings + Bonus (Jul)

13:00 - EUR - German ZEW Economic Sentiment (Sep)

 

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
1.1948
1.3061
106.70
17.78
R2
1.1918
1.2990
106.43
17.23
R1
1.1893
1.2919
106.08
17.11
PP
1.1862
1.2848
105.81
16.89
S1
1.1837
1.2776
105.46
16.60
S2
1.1806
1.2705
105.20
16.51
S3
1.1781
1.2634
104.84
16.35
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.