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Daily Market Patrol

Market Patrol 18 February 2022

Trading doesn't just reveal your character, it also builds it if you stay in the game long enough

Yvan Byeajee
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 dived on Central bank's intervention on the domestic market.
Fundamental News

EUR/USD
The Shared currency was pressured at $1.1362 after an exchange of fire in eastern Ukraine, and renewed warnings of an imminent Russian invasion had investors looking for safety ahead of the weekend.

 

GBP/USD
The Cable sailed higher to $1.3608 as expectations of a rate hike by the Bank of England continued to support the pound.

 

USD/JPY
The Japanese yen advanced to 115.21 against the greenback as geopolitical tensions escalated. On Friday, Japan reported a fifth straight month of inflation, with energy price posting their biggest annual rise in 41 yrs.

 

AUD/USD
The Aussie dollar treaded water at $0.7200 and was up 0.7% for the week in a resilient performance given the volatility of global markets.

 

USD/CAD
The Loonie crawled to 1.2690 per U.S dollar as oil prices seesawed between the US-Iranian nuclear deal and the Russia and Ukraine tussle.

 

USD/ZAR
South African rand firmed at 14.97 against the U.S dollar as a rise in commodity prices benefitted the resource-rich country amid an escalation in the Ukraine-Russia conflict.

 

USD/MUR
The dollar-rupee dived by 35 cents to 43.60(selling) in the wake of the Bank of Mauritius intervention on Thursday.

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 - GBP - Retail Sales (MoM)(Jan)

14:00 - EUR - EU leaders summit

17:30 - CAD - Core Retail Sales (MoM)(Dec)

19:00 - USD - Existing Home Sales(Jan)

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00%-0.25%
16-Mar-2020
16-Mar-2022
European Central Bank
0.00%
10-Mar-2016
31-Mar-2022
Bank of England
0.50%
03-Feb-2022
17-Mar-2022
Bank of Japan
-0.10%
28-Jan-2016
18-Mar-2022
Reserve Bank of Australia
0.10%
03-Nov-2020
01-Mar-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
1.1453
1.3731
116.05
15.77
R2
1.1419
1.3685
115.80
15.66
R1
1.1391
1.3649
115.36
15.48
PP
1.1357
1.3603
115.11
15.37
S1
1.1329
1.3567
114.67
15.16
S2
1.1295
1.3521
114.42
15.04
S3
1.1267
1.3485
113.98
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.