Internet Banking
Click icon again to close

Treasury

Daily Market Patrol

Market Patrol 08 February 2022

Profit from folly, rather than participate in it.

Warren Buffet
Indicative Selling Rates
against MUR
USD
24 Apr 2024
  • AUD
  • 30.84
  • 0.6580
  • BWP
  • 3.43
  • 0.0732
  • CAD
  • 34.58
  • 1.3552
  • CNY
  • 6.56
  • 7.1461
  • DKK
  • 6.83
  • 6.8651
  • EUR
  • 50.42
  • 1.0758
  • HKD
  • 6.07
  • 7.7178
  • INR
  • 0.57
  • 81.9769
  • JPY
  • 30.62
  • 153.0506
  • KES
  • 35.48
  • 132.1115
  • NZD
  • 28.11
  • 0.5997
  • NOK
  • 4.40
  • 10.6625
  • SGD
  • 34.83
  • 1.3457
  • ZAR
  • 2.54
  • 18.4847
  • SEK
  • 4.40
  • 10.6565
  • CHF
  • 51.73
  • 1.1037
  • GBP
  • 58.66
  • 1.2515
  • USD
  • 46.87
  • 1.0000
  • AED
  • 12.96
  • 3.6156
The dollar-rupee climbed by 7 cents tracking a firmer U.S dollar across the board.
Fundamental News

EUR/USD
The Shared currency hunkered down to $1.1418 after European Central Bank President Christine Lagarde said on Monday that there is no need for big monetary policy tightening in the eurozone, as E.U. inflation is set to fall back and could stabilize around 2%.

 

GBP/USD
The Cable meandered at $1.3513 ahead of Thursday's Brexit talks and U.K. GDP data on Friday.

 

USD/JPY
The Japanese yen modestly gained to 115.43 agU.S.st the U.S dollar despite Japan's economics coming in mixed earlier today and covid-led measures likely to extend in Tokyo.

 

AUD/USD
The Aussie dollar rose to $0.7109 following Australian Prime Minister Scott Morrison announced the full reopening of the international borders for fully vaccinated visa holders from February 21.

 

USD/CAD
The Loonie edged up to 1.2690 versus the greenback as investors bet that weak domestic jobs data on Friday would not derail the start of Bank of Canada's interest rate hikes.

 

USD/ZAR
The South African rand weakened to 15.56 versus the greenback, as domestic headwinds weighed with power utility Eskom announcing the resumption of scheduled power cuts barely hours after suspending the outages.

 

USD/MUR
The dollar-rupee climbed by 7 cents to 43.67(Selling) on broad U.S dollar strength.

Fundamental & Technical Data
Economic Indicators-Local Time

21:00 - USD - EIA Short-Term Energy Outlook

 

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00%-0.25%
16-Mar-2020
-
European Central Bank
0.00%
10-Mar-2016
-
Bank of England
0.50%
03-Feb-2022
-
Bank of Japan
-0.10%
28-Jan-2016
-
Reserve Bank of Australia
0.10%
03-Nov-2020
01-Feb-2022
S.Africa Reserve Bank
4.00%
28-Jan-2022
24-Mar-2022
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
1.1516
1.3629
115.81
15.77
R2
1.1491
1.3592
115.59
15.66
R1
1.1465
1.3564
115.35
15.48
PP
1.1440
1.3527
115.13
15.37
S1
1.1414
1.3499
114.89
15.16
S2
1.1389
1.3462
114.67
15.04
S3
1.1363
1.3434
114.43
14.86
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.