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Treasury

Daily Market Patrol

Market Patrol 30 April 2021

You need to know very well when to move, or give up the loss, and not allow the anxiety to trick you into trying again

Warren Buffet
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
The dollar-rupee dropped by 5 cents to 40.75(selling) following intervention from the central bank.
Fundamental News

EUR/USD
The Shared currency gave away some ground to $ as US Treasuries pushed the greenback higher, all eyes on German and Euro Zone GDP.

 

GBP/USD
The Cable retreated to $1.3735 after the release of upbeat US Q1 GDP data, which stood at 6.4% and ahead of Scottish elections next week.

 

USD/JPY
The Japanese yen remained stable at 108.83 against the greenback after Japan’s industrial output recorded an unexpected rise in March, supported by a jump in car production.

 

AUD/USD
The Aussie dollar dropped to $0.7776 on mixed China PMI figures data showed earlier today.

 

USD/CAD
The Canadian dollar strengthened to a three-year high to 1.2276 against its U.S. counterpart on Thursday as oil prices climbed and investors adjusted to more hawkish messaging from the Bank of Canada compared to the Federal Reserve.

 

USD/ZAR
South Africa's rand weakened to 14.31 per U.S dollar as investors took profits on a brief rally spurred by the dovish tone of the U.S. Federal Reserve at its policy-setting meeting, reflecting cautious market sentiment towards the local currency.

 

USD/MUR
The dollar-rupee dropped by 5 cents to 40.75(selling) following intervention from the central bank.

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
1.2233
1.4064
109.45
15.09
R2
1.2184
1.4007
109.27
14.78
R1
1.2154
1.3975
108.94
14.60
PP
1.2105
1.3918
108.76
14.22
S1
1.2075
1.3886
108.43
13.80
S2
1.2026
1.3829
108.25
13.2
S3
1.1996
1.3797
107.92
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.