Internet Banking
Click icon again to close

Treasury

Daily Market Patrol

Market Patrol 28 December 2020

Much of our trading comes down to a battle between our patience and our impulses

Steve Burns
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 Shared currency edged up to $1.2225 as Donald Trump signed U.S. stimulus package
Fundamental News

EUR/USD
The Shared currency edged up to $1.2240 as U.S. President Trump surprised global markets on Sunday by signing the much-awaited aid package, and avoiding the American government shutdown.

 

GBP/USD
The Pound Sterling eased from a two and a half year high of $1.3632 to $1.3565, following last week's agreement of a narrow Brexit trade deal that does not cover Britain's financial sector.

 

USD/JPY
The Japanese yen ticked up to 103.50 against the greenback as Japan’s industrial production data pleased yen's buyers earlier today.

 

AUD/USD
The Aussie dollar rose to $0.7611 despite China's import of Australian copper hits lowest since January 2017. Copper is one of Australia's top exports along with iron ore and gold.

 

USD/ZAR
South Africa's firm at 14.56 versus the greenback on news that Trump signed US aid bill added to the Brexit optimism and boosted investors' confidence.

 

USD/MUR
The dollar-rupee stayed put at 39.83 (selling) on the domestic market.

Fundamental & Technical Data
Economic Indicators-Local Time

16:00 - ZAR - Trade Balance 

 

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
1.2286
1.3811
103.96
15.50
R2
1.2253
1.3691
103.81
15.35
R1
1.2219
1.3595
103.67
15.26
PP
1.2186
1.3475
103.52
15.22
S1
1.2152
1.3379
103.38
15.12
S2
1.2119
1.3259
103.23
15.07
S3
1.2085
1.3163
103.09
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.