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Treasury

Daily Market Patrol

Market Patrol 18 November 2020

There are no limits to what you can accomplish, except the limits you place on your own thinking.

Brian Tracy
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
Japanese yen clawed back ground to 104/dlr as looming winter chills vaccine cheer.
Fundamental News

EUR/USD
The Shared currency mounted to $1.1880 as U.S. retail sales came out below expectations in October, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support.

 

GBP/USD
The pound sterling rose to $1.3264 against a broadly weaker U.S dollar while traders awaited news on the progress of trade talks between Britain and the European Union.

 

USD/JPY
The safe-haven Japanese yen sat near a one-week high at 104.00 against the U.S dollar as worries about rising coronavirus cases tempered optimism around promising vaccine trials.

 

AUD/USD
The Aussie dollar dropped to $0.7292 on downbeat Aussie Wage Price Index data earlier today.

 

USD/ZAR
South Africa's rand ticked down to 15.38/dlr ahead of a lending rates decision later in the week.

 

USD/MUR
The dollar-rupee stayed unchanged at 40.30(selling).

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 - GBP - CPI (YoY) (Oct)

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

17:30 - USD - Building Permits (MoM) (Oct)

19:00 - 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
1.1941
1.3365
105.03
16.42
R2
1.1917
1.3319
104.82
15.81
R1
1.1890
1.3284
104.50
15.67
PP
1.1866
1.3238
104.29
15.46
S1
1.1839
1.3203
103.97
15.20
S2
1.1815
1.3157
103.76
15.04
S3
1.1788
1.3122
103.44
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.