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Treasury

Daily Market Patrol

Market Patrol 5 January 2021

Price is what you pay. Value is what you get.

Warren Buffet
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 slammed to $1.36 crushed by tighter UK lockdown measures.
Fundamental News

EUR/USD
The single currency percolated around $1.2268 amid uncertainty about U.S. runoff elections in Georgia, determining the control of the chamber. Focus shifts to US ISM PMI and Georgi election.

 

GBP/USD
The cable suffered a hammer blow to $1.3596 as warnings of tighter UK lockdown measures to try and slow a fast-spreading coronavirus variant outweighed the relief over the last-minute Brexit trade deal.

 

USD/JPY
The Japanese Yen tread water at 103 against the greenback on comments from Japan’s Chief Cabinet Secretary Katsunobu Kato on Tuesday stating that the government is working towards making a decision on announcing a state of emergency this Thursday.

 

AUD/USD
The Australian dollar popped to $0.77 powered by vaccine-fuelled recovery of the country's economy.

 

USD/ZAR
The South African rand retreated from 14.50 to 14.65 per dollar, despite bullish global sentiment driven by hopes for an economic revival.

 

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

Fundamental & Technical Data
Economic Indicators-Local Time

12:55 - EUR - German Unemployment Change(Dec)

19:00 - USD - ISM Manufacturing PMI(Dec)

 

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
27-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
21-Jan-2021
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
1.2375
1.3830
104.01
15.50
R2
1.2343
1.3767
103.66
15.35
R1
1.2296
1.3668
103.40
15.26
PP
1.2264
1.3605
103.06
15.22
S1
1.2217
1.3505
102.80
14.55
S2
1.2185
1.3442
102.45
14.50
S3
1.2138
1.3343
102.19
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.