Internet Banking
Click icon again to close

Treasury

Daily Market Patrol

Market Patrol 16 November 2020

Everything you can imagine is real.

Pablo Picasso
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 U.S Dollar lost ground as vaccine optimism offset worries about rising corona virus cases.
Fundamental News

EUR/USD
The Shared currency extended gains to $1.1850 as traders weighed the economic impact from a resurgence of global coronavirus cases against prospects for a working vaccine that could help reignite global growth.

 

GBP/USD
The Cable rocketed to $1.3218 as hopes for a Brexit deal were given a boost after Prime Minister Boris Johnson's top aide was ousted ahead of "make or break" Brexit talks.

 

USD/JPY
The Japanese yen picked up to 104.57 versus the U.S. dollar following Japan's Q3 Gross Domestic Product preliminary result arrived at 5.0% QoQ vs expected 4.4% in today's Asian session.

 

AUD/USD
The Aussie gained to $0.7282 as investors chose to focus on the prospects of a COVID-19 vaccine rather than the ever-expanding tally of new cases now.

 

USD/ZAR
The South African rand firmed at 15.45 against a weaker U.S. dollar as the coronavirus vaccine optimism lifted global market sentiment.

 

USD/MUR
The dollar-rupee stayed put to 40.30(selling) on the domestic market.

Fundamental & Technical Data
Economic Indicators-Local Time

17:00 - EUR - ECB President Lagarde Speaks

 

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
1.1885
1.3321
105.60
16.42
R2
1.1861
1.3260
105.38
15.81
R1
1.1847
1.3230
105.00
15.67
PP
1.1823
1.3169
104.78
15.46
S1
1.1809
1.3139
104.40
15.20
S2
1.1785
1.3078
104.18
15.04
S3
1.1771
1.3048
103.80
14.73
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.