Internet Banking
Click icon again to close

Treasury

Daily Market Patrol

Market Patrol 30 October 2020

Don't waste too much time thinking about it or someone else might come up with the same thing.

Barbara Bradley Baekgaard
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 Euro wallowed after the ECB signalled further monetary easing by the end of the year
Fundamental News

EUR/USD
The euro wallowed near a four-week low at $1.1650 after the European Central Bank signalled further monetary easing by the end of the year, but kept interest rates steady.


GBP/USD
Sterling breathed some fresh air from $1.2880 to $1.2935, undermined by a lack of Brexit-related headlines as London and the European Union have just two months to reach a post-Brexit trade agreement.

 

USD/JPY
The Japanese Yen vaulted to 104 against the dollar on reports that the U.S. economy grew at a record pace for the third quarter and an improving trend in jobless claims, before retreating to 104.40 now.

 

AUD/USD
The Australian dollar sidelined at $0.7050 on Friday, even though an unrelenting wave of new COVID-19 cases in Europe and North America darkened the outlook for global growth and commodity prices.

 

USD/ZAR
South Africa's rand steadied at 16.32 against the dollar after losses linked to the shock of a mid-term budget speech that showed still-ballooning debt and a deeper recession.

 

USD/MUR
The dollar rupee stayed put at 40.40(Selling) on the local market.

Fundamental & Technical Data
Economic Indicators-Local Time

13:00 - EUR - German GDP (MoM)(Q3)

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

 

 

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
05-Nov-2020
European Central Bank
0.00%
10-Mar-2016
29-Oct-2020
Bank of England
0.10%
19-May-2020
05-Nov-2020
Bank of Japan
-0.10%
28-Jan-2016
29-Oct-2020
Reserve Bank of Australia
0.25%
18-Mar-2020
03-Nov-2020
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
1.1847
1.3154
105.59
17.27
R2
1.1803
1.3090
105.16
174.03
R1
1.1739
1.3010
104.89
16.80
PP
1.1694
1.2945
104.46
16.57
S1
1.1630
1.2865
104.19
16.77
S2
1.1586
1.2801
103.76
16.42
S3
1.1522
1.2721
103.48
16.35
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.