Market Patrol 15 June 2021

It's important to know what you want to accomplish with your investments before you actually invest.

Oscar Auliq-Ice

Indicative Selling Rates
against MUR
USD

26 Apr 2024

AUD
30.81
0.6583

BWP
3.44
0.0736

CAD
34.56
1.3545

CNY
6.55
7.1468

DKK
6.83
6.8533

EUR
50.43
1.0774

HKD
6.07
7.7145

INR
0.57
82.0087

JPY
30.36
154.1916

KES
35.30
132.5951

NZD
28.14
0.6011

NOK
4.36
10.7396

SGD
34.76
1.3465

ZAR
2.54
18.4356

SEK
4.36
10.7346

CHF
51.60
1.1024

GBP
58.79
1.2560

USD
46.81
1.0000

AED
12.95
3.6161

The Shared currency rose to $1.2126 as Fed meeting looms

Fundamental News

EUR/USD
The Shared currency climbed to $1.2126 ahead of the U.S. Federal Reserve meeting tomorrow that might signal a change in the outlook for U.S. monetary policy.

GBP/USD
The Cable unchanged at $1.4110 despite strong U.K employment data in May, as the British reopening delay weighed on the currency.

USD/JPY
The Japanese yen lost ground to 110.05 against the greenback after U.S. Treasury yields recovered from a three-month low ahead of this week's Federal Reserve meeting.

AUD/USD
The Aussie dollar unbothered at $0.7711 after the RBA minutes reiterate policymakers’ cautious mood earlier today.

USD/CAD
The Loonie gained to 1.2134 versus the U.S dollar on the back of rising crude oil prices provided a boost to the commodity-related.

USD/ZAR
South Africa's rand extended its losses to 13.75/DLR as traders continued to cash in some of their gains on 2021's top-performing emerging market currency.

USD/MUR
The dollar-rupee flat at 41.20(Selling) on the domestic market.

Fundamental & Technical Data

Economic Indicators-Local Time

16:15 - GBP - BoE Bailey Speaks

16:30 - USD - PPI (MoM) (May)

16:30 - USD - Core Retail Sales (MoM) (May)

Central Bank Interest Rates

Last Change

New Meeting

Federal Bank of U.S

0.00-0.25%

16-Mar-2020

16-Jun-2021

European Central Bank

0.00%

10-Mar-2016

10-Jun-2021

Bank of England

0.10%

19-May-2020

24-Jun-2021

Bank of Japan

-0.10%

28-Jan-2016

18-Jun-2021

Reserve Bank of Australia

0.10%

03-Nov-2020

01-Jun-2021

S.Africa Reserve Bank

3.50%

23-Jul-2020

20-May-2021

Reserve Bank of India

4.00%

22-May-2020

06-Aug-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

1.2171

1.4183

110.74

15.57

1.2150

1.4153

110.42

14.29

1.2135

1.4130

110.25

13.94

1.2114

1.4100

109.93

13.50

1.2099

1.4077

109.76

13.23

1.2078

1.4047

109.44

12.71

1.2063

1.4024

109.27

11.43

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Head - Forex And Derivatives

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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.

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