Internet Banking
Click icon again to close

Treasury

Daily Market Patrol

Market Patrol 9 December 2020

Being young enables me to see white spaces and see non-obvious ways of doing things.

kimberlie Le
Indicative Selling Rates
against MUR
USD
20 Sep 2021
  • AUD
  • 31.22
  • 0.7295
  • BWP
  • 3.91
  • 0.0914
  • CAD
  • 33.73
  • 1.2691
  • CNY
  • 6.71
  • 6.3788
  • DKK
  • 6.84
  • 6.2566
  • EUR
  • 50.31
  • 1.1755
  • HKD
  • 5.59
  • 7.6619
  • INR
  • 0.59
  • 72.6819
  • JPY
  • 39.24
  • 109.0796
  • KES
  • 39.39
  • 108.6531
  • NZD
  • 30.30
  • 0.7080
  • NOK
  • 4.98
  • 8.5866
  • SGD
  • 32.02
  • 1.3367
  • ZAR
  • 2.94
  • 14.5487
  • SEK
  • 4.98
  • 8.5976
  • CHF
  • 46.22
  • 1.0799
  • GBP
  • 58.88
  • 1.3757
  • USD
  • 42.80
  • 1.0000
  • AED
  • 11.78
  • 3.6323
USD/MUR suffered a hammer blow to 40(selling) following the intervention of the Bank of Mauritius.
Fundamental News

EUR/USD
The common currency steadied at $1.2137 amid market is waiting for fresh clues at the European Central Bank meeting tomorrow.

 

GBP/USD
The cable recoup losses to $1.3486, buoyed by fresh risk-on mood awaiting Brexit trade talks in Brussels.

 

USD/JPY
The Japanese Yen tread water at 104.15 against the U.S dollar, tracking negotiations over U.S. coronavirus aid after the Trump administration proposed a $916 billion package on Tuesday.

 

AUD/USD
The Aussie soared to $0.7450, after Australian consumer sentiment hit a 10-year high in a sign domestic activity will remain strong in the final quarter of 2020 after a stellar third-quarter.

 

USD/ZAR
The South African rand rallied to 14.89 against the greenback, powered by Gross domestic product that expanded by 66.1% in seasonally adjusted, annualised terms in quarter three from a revised 51.7% contraction in the second.

 

USD/MUR
The dollar-rupee suffered a hammer blow to 40(selling) following the intervention of the Bank of Mauritius to sell dollars on the domestic market.

Fundamental & Technical Data
Economic Indicators-Local Time

19:00 - USD - JOLTs Job Openings (Oct) 

19:00 - CAD - BoC Interest Rate Decision

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
16-Dec-2020
European Central Bank
0.00%
10-Mar-2016
10-Dec-2020
Bank of England
0.10%
19-May-2020
17-Dec-2020
Bank of Japan
-0.10%
28-Jan-2016
18-Dec-2020
Reserve Bank of Australia
0.10%
03-Nov-2020
01-Dec-2020
S.Africa Reserve Bank
3.50%
23-Jul-2020
-
Reserve Bank of India
4.00%
22-May-2020
04-Dec-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
1.2167
1.3507
104.51
15.50
R2
1.2151
1.3450
104.36
15.35
R1
1.2129
1.3404
104.26
15.26
PP
1.2112
1.3347
104.11
15.22
S1
1.2090
1.3300
104.01
15.12
S2
1.2074
1.3243
103.86
15.07
S3
1.2052
1.3196
103.76
14.97
Weekly FX Market Analysis by Karishma Sewock Nobutsing 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.