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Daily Market Patrol

Market Patrol 17 February 2021

Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.

Yvan Byeajee
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 U.S dollar bolstered across the board, powered by upbeat U.S. Empire State manufacturing report
Fundamental News

EUR/USD
The common currency slammed to $1.2085, failing to benefit from the upbeat Eurozone Q4 GDP data and German ZEW Economic Sentiment Index yesterday.

 

GBP/USD
The cable receded to $1.3880 amid market is waiting for UK CPIs at 11:00 (local time). 



USD/JPY
Yen cascaded to 106 per dollar on comments from Japanese PM Suga on Wednesday that the Bank of Japan is expected to guide the monetary policy appropriately.

 

AUD/USD
The Aussie plunged to a daily low of $0.7728 as RBA Assistant Governor Christopher Kent on Wednesday estimated the Aussie would have been 5% higher without those policies.

 

USD/ZAR
South African rand nosedived to 14.73 smacked by a rise in "prices paid index" in NY Fed Reserve's Empire State manufacturing report.

 

USD/MUR
The dollar-rupee stayed put at 40.20(selling) on the domestic market.

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 - GBP - CPI (YoY)(Jan)

13:00 - EUR - ECB Monetary Policy Statement

18:30 - USD - Core Retail Sales (MoM)(Jan)

18:30 - USD - Retail Sales (MoM)(Jan)

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
17-Mar-2021
European Central Bank
0.00%
10-Mar-2016
03-Mar-2021
Bank of England
0.10%
19-May-2020
04-Feb-2021
Bank of Japan
-0.10%
28-Jan-2016
18-Mar-2021
Reserve Bank of Australia
0.10%
03-Nov-2020
02-Mar-2021
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
1.2230
1.4032
106.98
15.37
R2
1.2200
1.3992
106.48
14.88
R1
1.2156
1.3950
106.20
14.50
PP
1.2125
1.3910
105.69
14.40
S1
1.2081
1.3867
105.41
14.26
S2
1.2051
1.3827
104.90
14.01
S3
1.2007
1.3785
104.63
13.41
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.