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Treasury

Daily Market Patrol

Market Patrol 15 April 2021

The road to success and the road to failure are almost exactly the same.

Colin R.Davis
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 surged to $1.1974, market eyes for German inflation figures.
Fundamental News

EUR/USD
The Shared currency surged to $1.1974 investors buying the Federal Reserve's arguments that interest rates can stay low, ahead of today's German inflation figures.

 

GBP/USD
The Pound sterling recovered to $1.3770 on optimism of its GDP and future growth as restrictions are being eased due to the picking up of economic activities.

 

USD/JPY
Yen unimpressed at 108.90 per U.S dollar after Bank of Japan Governor Haruhiko Kuroda expressed his concern on the prospect of a faster economic recovery any time soon.

 

AUD/USD
Aussie climbed to $0.7720 on upbeat job data suggested the Australian economy had grown strongly last quarter.

 

USD/CAD
The Loonie gained to 1.2525 versus the greenback ahead of next week’s Canadian fiscal budget announcement on 19 April and the BoC’s interest rate decision on 21 April.

 

USD/ZAR
The Rand spiked to 14.40 against the U.S dollar, gaining fillip on improved risk sentiment.

 

USD/MUR
The dollar-rupee steadied at 40.80(selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

16:30 - USD - Core Retail Sales

16:30 - Initial Jobless Claim

16:30 - USD - Retail Sales

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
28-Apr-2021
European Central Bank
0.00%
10-Mar-2016
22-Apr-2021
Bank of England
0.10%
19-May-2020
06-May-2021
Bank of Japan
-0.10%
28-Jan-2016
27-Apr-2021
Reserve Bank of Australia
0.10%
03-Nov-2020
06-Apr-2021
S.Africa Reserve Bank
3.50%
23-Jul-2020
-
Reserve Bank of India
4.00%
22-May-2020
07-Apr-2021
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
1.2035
1.3866
109.45
15.09
R2
1.2011
1.3838
109.28
14.78
R1
1.1996
1.3807
109.10
14.60
PP
1.1972
1.3779
108.93
14.54
S1
1.1957
1.3748
108.75
14.47
S2
1.1933
1.3720
108.58
14.39
S3
1.1918
1.3689
108.40
14.24
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.