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Treasury

Daily Market Patrol

Market Patrol 5 November 2020

Impossible is just an opinion.

Paulo Coelho
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 gained as Democrat Joe Biden inched closer to the White House in a nail-biting U.S. presidential election.
Fundamental News

EUR/USD
The Shared currency climbed to $1.1743 as Democrat Joe Biden edged ever so closer to the White House in a nail-biting U.S. presidential election.

 

GBP/USD
The Cable lost ground to $1.2970 ahead of the BoE interest rate decision.

 

USD/JPY
The Japanese yen gained traction to 104.30/dlr as Governor Haruhiko Kuroda said that the Bank of Japan would continue buying ETFs as part of its ultra-loose monetary policy.

 

AUD/USD
The Aussie dollar soared to $0.7164 on U.S dollar weakness despite Australia’s Trade Balance shrunk way past-5114M to 5.63M in September.

 

USD/ZAR
The South African rand recovered to 15.90 against the U.S. dollar as global markets whipsawed amid a far closer U.S. presidential election than polls had predicted.

 

USD/MUR
The dollar-rupee stayed unchanged at 40.35(selling) on the local market.

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 - GBP - Inflation report 

11:00 - GBP - BoE Interest Rate Decision (Nov)

13:30 - GBP - Construction PMI (Oct)

23:00 - USD - Fed Interest Rate Decision

23:30 - USD - FOMC Press Conference 

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
-
Bank of England
0.10%
19-May-2020
05-Nov-2020
Bank of Japan
-0.10%
28-Jan-2016
-
Reserve Bank of Australia
0.10%
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
1.1864
1.3293
105.13
17.27
R2
1.1802
1.3186
104.98
17.03
R1
1.1761
1.3126
104.75
16.80
PP
1.699
1.3019
106.60
16.10
S1
1.1658
1.2959
104.37
16.77
S2
1.1596
1.2852
104.22
16.04
S3
1.1555
1.2792
103.99
15.70
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.