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Treasury

Daily Market Patrol

Market Patrol 23 December 2020

I'm a big believer in progress over perfection.

David M.Solomon
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
Euro reverted to losses at $1.2183 after President Donald Trump said he wanted Congress to amend the coronavirus aid bill.
Fundamental News

EUR/USD
Euro reverted to losses at $1.2183 after President Donald Trump said he wanted Congress to amend the coronavirus aid bill.

GBP/USD
The Pound meandered at $1.3399 as Britain remained stuck in Covid-19 isolation due to a new coronavirus strain, while trade talks between the European Union and the UK remained stalled, with disagreements over fishing rights the main obstacles.

USD/JPY
The Yen eased to 103.47 versus the greenback after U.S. third-quarter GDP growth was revised slightly higher fueled by more than 3 trillion in U.S. pandemic relief.

AUD/USD
The Aussie edged lower to $0.7551 amid fresh risk-off mood and downbeat Australian trade balance data.

 

USD/ZAR
South African rand muted at 14.66 versus the U.S dollar after the U.S. existing home sales data fell 2.5%, worse than the 2.2% drop expected.

 

USD/MUR
The dollar-rupee inched higher by 3 cents to 39.83 on the domestic market.

 

 

Fundamental & Technical Data
Economic Indicators-Local Time

17:30 - USD - Core Durable Goods Orders 

 

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
1.2330
1.3619
104.30
15.50
R2
1.2294
1.3544
104.02
15.35
R1
1.2225
1.3453
103.85
15.26
PP
1.2189
1.3379
103.56
15.22
S1
1.2120
1.3288
103.39
15.12
S2
1.2084
1.3213
103.11
15.07
S3
1.2016
1.3122
102.94
14.97
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.