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Daily Market Patrol

Market Patrol 30 December 2020

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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 Cable surged to $1.3545 on hopes that the Brexit deal will have smooth sailing through the UK Parliament.
Fundamental News

EUR/USD
The Shared currency gained traction to $1.2286 with investors looking past a Senate delay in U.S. stimulus checks and continuing to bet that additional financial aid is still likely.

 

GBP/USD
The Cable surged to $1.3545 on hopes that the Brexit deal will have smooth sailing through the UK Parliament where it will be voted today.

 

USD/JPY
The Japanese yen gained to 103.30 against the greenback in the absence of significant macroeconomic data releases and U.S dollar weakness.

 

AUD/USD
The Aussie dollar climbed to $0.7657 while investors wagered the widening rollout of vaccines would bolster global growth and commodities next year.

 

USD/ZAR
South African rand held its ground against the U.S dollar at 14.65 as expectations of an expanded U.S. stimulus package offset negative sentiment stemming from tighter coronavirus restrictions after the number of infections in the country surpassed the 1-million mark.

 

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

Fundamental & Technical Data
Economic Indicators-Local Time

19:00 - USD - Pending Home Sales (MoM) (Nov)

19:30 - USD - Crude oil inventories

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
28-Jan-2021
European Central Bank
0.00%
10-Mar-2016
21-Jan-2021
Bank of England
0.10%
19-May-2020
04-Feb-2021
Bank of Japan
-0.10%
28-Jan-2016
-
Reserve Bank of Australia
0.10%
03-Nov-2020
02-Feb-2021
S.Africa Reserve Bank
3.50%
23-Jul-2020
-
Reserve Bank of India
4.00%
22-May-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
1.2348
1.3613
104.11
15.50
R2
1.2312
1.3568
103.97
15.35
R1
1.2281
1.3536
103.75
15.26
PP
1.2245
1.3491
103.61
15.22
S1
1.2214
1.3459
103.39
14.55
S2
1.2178
1.3414
103.25
14.50
S3
1.2147
1.3382
103.03
13.90
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.