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Daily Market Patrol

Market Patrol 25 January 2021

To be a developer you have to be optimistic.

Larry Silverstein
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
Euro faltered to $1.2180, German IFO data eyed.
Fundamental News

EUR/USD
Euro faltered to $1.2180, amid market is eyeing for German IFO Expectations for January.

 

GBP/USD
The cable climbed to $1.3715 despite preliminary "flash" IHS Markit/CIPS UK Composite Purchasing Managers' Index fell more than expected to 40.6 in January.

 

USD/JPY
The Japanese Yen plummeted to 103.70 against the greenback as Japan’s government cuts view on private consumption for second straight month.

 

AUD/USD
The Aussie slipped to $0.7745 after preliminary data for December showed a larger-than-expected 4.2% drop in retail sales on Friday.

 

USD/ZAR
South African rand tumbled to $15.19 as China's travel restrictions pushed risk rally to fade.

 

USD/MUR
The Mauritian rupee stumbled at 39.95(selling) per dollar on the local market.

Fundamental & Technical Data
Economic Indicators-Local Time

12:45 - EUR - ECB President Lagarde Speaks

13:00 - EUR - German Ifo Business Climate Index (Jan)

20:15 - EUR - ECB President Lagarde Speaks

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00-0.25%
16-Mar-2020
27-Jan-2021
European Central Bank
0.00%
10-Mar-2016
21-Jan-2021
Bank of England
0.10%
19-May-2020
04-Feb-2021
Bank of Japan
-0.10%
28-Jan-2016
21-Jan-2021
Reserve Bank of Australia
0.10%
03-Nov-2020
02-Feb-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
1.2226
1.3836
104.39
15.66
R2
1.2208
1.3787
104.14
15.46
R1
1.2188
1.3434
103.98
15.25
PP
1.2170
1.3685
103.73
15.13
S1
1.2150
1.3632
103.58
15.07
S2
1.2132
1.3583
103.33
14.93
S3
1.2112
1.3529
103.18
14.61
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.