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Treasury

Daily Market Patrol

Market Patrol 27 May 2021

If you don't find a way to make money while you sleep, you will work until you die

Warren Buffet
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 Aussie dollar fell to $0.7747 following an uptick in the covid infections in Australia
Fundamental News

EUR/USD
The Shared currency dropped to $1.2194 as the U.S Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, U.S. jobs and GDP data eyed.

 

GBP/USD
The Cable slipped to $1.4117 on news that serious allegations were made by UK Prime Minister Boris Johnson’s close aide Dominic Cummings, who quit the Boris administration last November.

 

USD/JPY
The Japanese yen dived to 109.08 against the U.S dollar as Japan slashed its economic outlook for the first time in three months, citing new weakness in private consumption and business conditions because of coronavirus emergency measures.

 

USD/CAD
The Canadian dollar weakened to 1.2120 versus the greenback on Wednesday for a second day against its U.S. counterpart as oil prices fell and the greenback broadly climbed.

 

AUD/USD
The Aussie dollar fell to $0.7747 following an uptick in the covid infections lead the Australian government to announce a seven-day lockdown in the second-largest state Victoria.

 

USD/ZAR
The South African rand raced to its firmest in 27 months at 13.75 on Wednesday aided by the dovish stance taken by the U.S. Federal Reserve in the face of fears of rising inflation.

 

USD/MUR
The dollar-rupee stayed put at 40.85(Selling)on the local market.

Fundamental & Technical Data
Economic Indicators-Local Time

16:30 - USD - GDP (QoQ) (Q1)

16:30 - USD - Initial Jobless Claims

 

 

 

 

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
-
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
1.2324
1.4224
109.76
15.09
R2
1.2294
1.4200
109.47
14.78
R1
1.2243
1.4160
109.30
14.60
PP
1.2213
1.4136
109.01
14.22
S1
1.2162
1.4096
108.84
13.80
S2
1.2132
1.4072
108.55
13.2
S3
1.2081
1.4032
108.38
13.03
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.