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Treasury

Daily Market Patrol

Market Patrol 2 April 2021

The distance between insanity and genius is measured only by success

Bruce Feirstein
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
The dollar-rupee meandered at 40.90(selling) on Good Friday, U.S. Non farm payroll eyed.
Fundamental News

EUR/USD
The Shared currency climbed to $1.1772, helped by the euro zone's manufacturing PMI coming in at a 24-year survey high.

 

GBP/USD
The Pound kept the bullish momentum to $1.3843 amid generous U.S. fiscal stimulus and speedy vaccinations. The focus is on a planned April re-openings of shops in England.

 

USD/JPY
Yen edged up to 110.60 versus the greenback following a mediocre U.S. jobless claims on Thursday, and after a 37-year high in the U.S. ISM manufacturing index, failed to stop the rot in Treasury yields.

 

AUD/USD
The Aussie dollar climbed to $0.7632 on a weak U.S.D dollar and ahead of Non-farm payroll data later today.

 

USD/CAD
The Canadian dollar vaulted to 1.2529 versus the greenback after the Organization of the Petroleum Exporting Countries and allies agreed to start easing production cuts in May.

 

USD/ZAR
Rand advanced to 14.60/DLR as positive manufacturing activity, and new vehicle sales data pointed to a recovery in the S.A. economy.

 

USD/MUR
The dollar-rupee meandered at 40.90(selling) despite a broad, soft U.S dollar on the international market amid holiday-lightened trading this Friday.

Fundamental & Technical Data
Economic Indicators-Local Time

16:30 - USD - Nonfarm Payroll (Mar)

16:30 - USD - Unemployment Rate (Mar)

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
1.1867
1.3957
111.09
15.56
R2
1.1824
1.3897
110.97
15.11
R1
1.1800
1.3866
110.79
14.97
PP
1.1757
1.3806
110.67
14.84
S1
1.1733
1.3775
110.49
14.64
S2
1.1690
1.3715
110.37
14.52
S3
1.1666
1.3684
110.19
14.39
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.