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Treasury

Daily Market Patrol

Market Patrol 18 February 2021

As an entrepreneur, I have found that my greatest success has come from incrementalism and focus. 

Anthony Scaramucci
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
U.S dollar energized overnight with cheerful U.S retail sales
Fundamental News

EUR/USD
The single currency plunged to $1.2044, smacked by upbeat U.S retail sales,  industrial output and producer prices.

 

GBP/USD
Sterling tumbled to $1.3848 although U.K annual consumer price inflation rose to a three-month high of 0.7% last month.

 

USD/JPY
The yen soared to 105.87 per dollar on BOJ Governor Kuroda's comment that its exports had recovered to levels before COVID-19 struck.

 

AUD/USD
Aussie bolstered to $0.7755 following Australian employment rose for a fourth straight month in January, and the jobless rate fell by more than expected.

 

USD/ZAR
South African rand climbed to 14.65 against the greenback as South Africa started its COVID-19 vaccination drive.

 

USD/MUR
The dollar-rupee teetered at 40.20(selling) after Bank of Mauritius intervened to sell U.S dollar on the domestic market.

Fundamental & Technical Data
Economic Indicators-Local Time

16:30 - EUR - ECB Publishes Account of Monetary Policy Meeting 

17:30 - USD - Building Permits (Jan)

17:30 - USD - Philadelphia Fed Manufacturing Index (Feb)

20:00 - USD - Crude Oil Inventories

 

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
1.2184
1.3988
106.58
14.82
R2
1.2148
1.3949
106.40
14.73
R1
1.2095
1.3907
106.14
14.68
PP
1.2059
1.3868
105.96
14.62
S1
1.2006
1.3825
105.69
14.60
S2
1.1970
1.3787
105.51
14.57
S3
1.1917
1.3744
105.24
14.51
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.