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Treasury

Daily Market Patrol

Market Patrol 25th April 2022

Financial freedom is a mental, emotional and educational process

Robert Kiyosaki
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 Shared currency failed to provide impetus despite French President Emmanuel Macron's comfortable Sunday defeat of far-right rival Marine Le Pen.
Fundamental News

EUR/USD
The Shared currency extended its fall to $1.0736 unfazed by French President Emmanuel Macron's comfortable Sunday defeat of far-right rival Marine Le Pen.

 

GBP/USD
The Cable plummets to eighteen-month-lows at $1.2765 on weak British retail sales and consumer-confidence data and Bank of England comments that signaled a possible slowdown in the expected upward movement of interest rates.

 

USD/JPY
The Japanese yen took a bath at 128.44 per U.S dollar as Bank of Japan is set to maintain ultra-low interest rates on Thursday and hold off from major tweaks to its dovish policy guidance.

 

AUD/USD
The Aussie dollar dived to $0.7160 amid a souring market mood, Aussie CPI in focus.

 

USD/CAD
The Loonie posted its biggest decline against the greenback in five months to 1.2750, as oil prices dropped and investors weighed prospects of upsized interest rate hikes by the Federal Reserve and the Bank of Canada to tackle inflation.

 

USD/ZAR
South Africa's rand continued its losing streak and dropped heavily once again on Friday to 15.66 against the dollar as severe power cuts and floods dented the country's economic growth prospects.

 

USD/MUR
The dollar-rupee retreated to 43.40 (selling) following intervention from the Bank of Mauritius.

Fundamental & Technical Data
Economic Indicators-Local Time

12:00 - EUR - German Ifo Business Climate Index 

19:00 - CAD - Bank of Canada Senior Deputy Governor Rogers Speech

 

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.50%
17-Mar-2022
-
European Central Bank
0.00%
10-Mar-2016
-
Bank of England
0.75%
17-Mar-2022
-
Bank of Japan
-0.10%
28-Jan-2016
-
Reserve Bank of Australia
0.10%
03-Nov-2020
-
S.Africa Reserve Bank
4.25%
24-Mar-2022
19-May-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
1.0923
1.3189
130.57
16.38
R2
1.0888
1.3112
129.84
15.76
R1
1.0843
1.2976
129.20
15.59
PP
1.0808
1.2899
128.47
15.21
S1
1.0763
1.2763
127.83
14.84
S2
1.0728
1.2686
127.10
14.34
S3
1.0683
1.2550
126.46
14.02
Technical Analysis - Forex Charts
Technical Outlook of the week - NZDCHF Scenario 1:
Chart updated on 04.03.2022
Technical Outlook of the week - NZDCHF Scenario 2:
Chart posted on 04.03.2022
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.