Internet Banking
Click icon again to close

Treasury

Daily Market Patrol

Market Patrol 7 September 2020

Everything you can imagine is real

Pablo Picasso
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 dollar-rupee unchanged at 40.20(selling) for the 12th consecutive days.
Fundamental News

EUR/USD
The Shared currency fell to $1.1780 on Friday after the U.S. jobless rate dropped to 8.4% from 10.2% in July. However, the pair recovered to $1.1834 on Monday, amid market awaiting European Central Bank's meeting on Thursday.



GBP/USD
The Cable remained on the back foot at $1.3224, on fears of a no-deal Brexit gained momentum, as UK PM Johnson threatened the EU to walk out with any deal.

 

USD/JPY
The Japanese yen slipped to 106.28 against the greenback, on a closed U.S market, as investors awaited the Japanese PM election due on 14th September.

 

AUD/USD
The Aussie dollar meandered at $0.7281 after China’s August month trade numbers came out better than forecast in today's Asian session.

 

USD/ZAR
South Africa's rand extended gains to 16.62 versus the U.S dollar supported by the lure of higher yields.

 

USD/MUR
The dollar-rupee is unchanged at 40.20(selling) for the 12th consecutive days on the domestic market.

Fundamental & Technical Data
Economic Indicators-Local Time

11:30 - GBP - Halifax House Price Index (YoY)

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
14-Sep-2020
European Central Bank
0.00%
10-Mar-2016
10-Sep-2020
Bank of England
0.10%
19-May-2020
17-Sep-2020
Bank of Japan
-0.10%
28-Jan-2016
17-Sep-2020
Reserve Bank of Australia
0.25%
18-Mar-2020
01-Sep-2020
S.Africa Reserve Bank
3.50%
23-Jul-2020
17-Sep-2020
Reserve Bank of India
4.00%
22-May-2020
01-Oct-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
1.1957
1.3461
107.04
17.78
R2
1.1911
1.3410
106.79
17.23
R1
1.1881
1.3345
106.49
17.11
PP
1.1835
1.3294
106.25
16.89
S1
1.1806
1.3229
105.94
16.65
S2
1.1760
1.3178
105.70
16.51
S3
1.1730
1.3113
105.39
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.