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Treasury

Daily Market Patrol

Market Patrol 4th October 2022

It's important to know what you want to accomplish with your investments before you actually invest

Oscar Auliq-Ice
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 Aussie dollar edged higher despite RBA Disappoints
Fundamental News

EURUSD
The Shared currency rose to $ 0.9845 amid a weaker U.S dollar following the decline in the US ISM Manufacturing PMI.

 

GBPUSD
The Cable smashed to $1.1350 after Britain reversed the plan to cut the highest income tax rate.

 

AUDUSD
The Aussie dollar edged higher to 0.6535 after the Reserve Bank of Australia's Board decided to increase the cash rate by only 25 basis points this month as it assesses the outlook for inflation and economic growth in Australia.

 

USDJPY
The Japanese yen meandered at 144.83 per U.S dollar amid escalating Japan-North Korea tensions.

 

USDCAD
The Canadian dollar soared to 1.3602 against the U.S dollar as rumours of a slash in global oil production spurred a jump in oil prices, bolstering the oil-linked loonie.

 

USDZAR
The South African rose to 17.74 against the greenback despite a contraction in the Absa Purchasing Managers' Index (PMI) owing to extensive power cuts which weighed on production.

 

USDMUR
The dollar-rupee stayed put at 44.80(Selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

18:00 - USD - JOLTs Job Openings (Aug)

19:00 - EUR - ECB President Lagarde Speaks

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
18
21-Sep-2022
-
European Central Bank
0.00%
01-Jan-0001
-
Bank of England
2.25%
01-Jan-0001
-
Bank of Japan
-0.10%
28-Jan-2016
-
Reserve Bank of Australia
2.60%
04-Oct-2022
-
S.Africa Reserve Bank
01-Jan-0001
-
Reserve Bank of India
4.00%
22-May-2020
-
Bank of Mauritius
3.00%
28-Sep-2022
-
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
0.9954
1.1657
146.28
18.20
R2
0.9900
1.1496
145.78
17.13
R1
0.9862
1.1408
145.17
16.98
PP
0.9808
1.1247
144.67
15.74
S1
0.9770
1.1159
144.06
15.14
S2
0.9716
1.0998
143.56
14.41
S3
0.9678
1.0910
142.95
13.99
Technical Analysis - Forex Charts
EUR/USD Outlook- looking bleak throughout Q3-Q4 2022
Chart updated on 05.07.2022
USD/MUR Outlook One more leg higher before paring some of its gains in Q3-Q4 2022
Chart posted on 05.07.2022
EUR/MUR- Bears in control in Q3-Q4 2022
Chart posted on 05.07.2022
Chart posted on 01.01.0001
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.