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Treasury

Daily Market Patrol

Market Patrol 24 May 2021

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Indra Nooyi
Indicative Selling Rates
against MUR
USD
19 Apr 2024
  • AUD
  • 30.42
  • 0.6459
  • BWP
  • 3.47
  • 0.0737
  • CAD
  • 34.46
  • 1.3664
  • CNY
  • 6.60
  • 7.1402
  • DKK
  • 6.82
  • 6.9093
  • EUR
  • 50.34
  • 1.0691
  • HKD
  • 6.10
  • 7.7148
  • INR
  • 0.57
  • 82.1874
  • JPY
  • 30.85
  • 152.6385
  • KES
  • 35.97
  • 130.9049
  • NZD
  • 27.96
  • 0.5937
  • NOK
  • 4.35
  • 10.8251
  • SGD
  • 34.91
  • 1.3490
  • ZAR
  • 2.53
  • 18.6446
  • SEK
  • 4.35
  • 10.8361
  • CHF
  • 52.18
  • 1.1081
  • GBP
  • 58.79
  • 1.2484
  • USD
  • 47.09
  • 1.0000
  • AED
  • 13.02
  • 3.6162
Cable nosedived to $1.4150 on Brexit woes.
Fundamental News

EUR/USD
The single currency suffered a hammer blow to $1.2185 on comments from European Central Bank President Lagarde on Friday that it is still too early for the bank to discuss winding down its 1.85 trillion euro emergency bond purchase scheme.

 

GBP/USD
Sterling nosedived to $1.4150 after France warned the U.K. over special post-Brexit trading rules for Northern Ireland, coupled with British aircraft tour to Indo-Pacific, which might escalate tussle with China.

 

USD/JPY
Japanese yen spiked to 108.77 per dollar in the wake of Japan's state of emergency in three more prefectures hit hard by the COVID-19 pandemic, a surprise move that reflects growing concern about the spread of the coronavirus in the country.

 

AUD/USD
Aussie cascaded to $0.7737, soured by China's crackdown-led fall in iron-ore and copper prices, together with fears of fresh US-China tussles.

 

USD/ZAR
South African rand rocketed to 13.93 after the central bank said on Thursday it was ready to tighten monetary policy should a recent rise in consumer prices persist.

 

USD/MUR
The local pair popped to 40.85(Selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

14:00 - EUR - EU Leaders Summit

18:30 - GBP - BoE Gov Bailey Speaks

 

 

 

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
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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
1.2306
1.4302
109.45
15.09
R2
1.2273
1.4268
109.23
14.78
R1
1.2227
1.4208
109.06
14.60
PP
1.2194
1.4175
108.83
14.22
S1
1.2148
1.4115
108.66
13.80
S2
1.2115
1.4082
108.44
13.2
S3
1.2069
1.4022
108.27
13.03
Markey update on Biz Week by Christie Ng
Speak to our team
  • Allan Juste
    Head - Forex And Derivatives
    +230 5251 4855
  • Reshma Peerun Rajwani
    Head – Treasury Sales
    +230 403 5500
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.