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Treasury

Daily Market Patrol

Market Patrol 26 January 2021

The market does not know you exist. You can do nothing to influence it. You can only control your behavior

Alexander Elder
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 Shared currency knocked to $1.2130 following a slump in German business sentiment
Fundamental News

EUR/USD
The Shared currency knocked to $1.2130 following a slump in German business sentiment in January data showed yesterday.

 

GBP/USD
The Cable turned south to $1.3651 as a set of figures showed Britain's third national lockdown prompted the sharpest drop in business activity since May, while retail sales remained weak in December.

 

USD/JPY
The Japanese Yen steadied at 103.74 against the U.S dollar as rising coronavirus cases and doubts over the speed and size of U.S. stimulus tempered financial markets' upbeat mood.

AUD/USD
The Aussie dollar extended losses to $0.7688 on a closed market in Australia due to holiday.

 

USD/ZAR
South Africa's rand weakened to 15.30 against the greenback, giving back early gains in volatile trade with sentiment swinging against riskier currencies, as the reality of a slow rollout of coronavirus vaccines dampened demand.

 

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

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 - GBP - Claimant Count Change (Dec)

11:00 - GBP - Average Earnings Index + Bonus (Nov)

19:00 - USD - CB Consumer Confidence (Jan)

 

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
1.2244
1.3792
104.17
15.66
R2
1.2214
1.3758
104.06
15.46
R1
1.2177
1.3717
103.91
15.25
PP
1.2147
1.3683
103.80
15.13
S1
1.2110
1.3642
103.65
15.07
S2
1.2080
1.3608
103.54
14.93
S3
1.2043
1.3567
103.39
14.61
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.