Internet Banking
Click icon again to close

Treasury

Daily Market Patrol

Market Patrol 3 May 2021

It's hard to beat a person who never gives up

Babe Ruth
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 U.S dollar gained across the board on robust U.S. data and month-end profit-taking.
Fundamental News

EUR/USD
The Shared currency slipped to $1.2019 on upbeat U.S. personal income data on Friday and broad-based U.S. dollar short covering into month-end.

 

GBP/USD
The Cable nosedived to $1.3812, badly dented by U.K. PM Jonson's political scandals and uncertainty around Scotland's elections later this week.

 

USD/JPY
The yen depreciated to 109.62 against the greenback as demand for safe-haven asset dropped on a closed Japanese market and a rally to record highs on global stock markets.

 

AUD/USD
The Aussie dollar limped to $0.7715 despite April’s Australian Industry Group manufacturing index came out better than March's reading.

 

USD/CAD
The Canadian dollar held on to gains at 1.2290 per U.S dollar after the Bank of Canada's signalled that it may begin hiking interest rates before the Federal Reserve.

 

USD/ZAR
South African Rand weakened to 14.49 versus the greenback as local and global economic distress weighed heavily on its economy.

 

USD/MUR
The dollar-rupee rose by 5 cents to 40.80(selling), underpinned by U.S dollar strength.

Fundamental & Technical Data
Economic Indicators-Local Time

12:00 - EUR - German GDP (QoQ)(Q1)

13:00 - EUR - CPI (YoY)(Apr)

16:30 - CAD - GDP (MoM)(Feb)

 

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
1.2203
1.4069
110.17
15.09
R2
1.2165
1.4014
109.76
14.78
R1
1.2093
1.3914
109.54
14.60
PP
1.2055
1.3859
109.13
14.22
S1
1.1983
1.3759
108.91
13.80
S2
1.1945
1.3704
108.50
13.2
S3
1.1873
1.3604
108.28
13.03
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.