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Treasury

Daily Market Patrol

Market Patrol 06 March 2026

Accept no one's definition of your life; define yourself.

 

Harvey Fierstein
Indicative Selling Rates
against MUR
USD
09 Mar 2026
  • AUD
  • 34.13
  • 0.7324
  • BWP
  • 3.71
  • 0.0796
  • CAD
  • 36.03
  • 1.2933
  • CNY
  • 7.17
  • 6.5002
  • DKK
  • 7.55
  • 6.1724
  • EUR
  • 54.05
  • 1.1599
  • HKD
  • 6.18
  • 7.5366
  • INR
  • 0.53
  • 87.4680
  • JPY
  • 30.98
  • 150.4005
  • KES
  • 37.37
  • 124.6855
  • NZD
  • 28.72
  • 0.6163
  • NOK
  • 5.04
  • 9.2439
  • SGD
  • 37.77
  • 1.2338
  • ZAR
  • 2.90
  • 16.0756
  • SEK
  • 5.28
  • 8.8275
  • CHF
  • 61.96
  • 1.3297
  • GBP
  • 62.35
  • 1.3380
  • USD
  • 46.60
  • 1.0000
  • AED
  • 13.22
  • 3.5256
The Dollar-Rupee stayed put at 47.83 (selling) this morning.
Fundamental News

EUR/USD

The Euro recovered slightly to $1.1615 as US-Iran tensions eased, with Iran hinting it could halt its nuclear program for a favorable U.S deal.

GBP/USD

The Pound Sterling gained to $1.3361 despite weaker UK growth forecasts and rising oil prices curb hopes of a near-term Bank of England rate cut.

USD/JPY

The Japanese Yen softened to 157.84 against the greenback with weak growth, inflation concerns, and heightened external risks from the Iran conflict.

AUD/USD

The Australian dollar unfazed at 0.7030 versus the U.S dollar on bets the RBA may hike rates amid rising inflation and energy costs.

USD/CAD

The Canadian Dollar anchored at $1.3664 despite falling oil prices, given Canada’s role as the top crude supplier to the United States. 

USD/ZAR

The South African Rand fell to $16.6225 as rising oil prices pressured emerging-market currencies and South Africa’s outlook.

USD/MUR

The Dollar-Rupee stayed put at 47.83 (selling) this morning.



Fundamental & Technical Data
Economic Indicators-Local Time

11:00 AM EUR Factory Orders n.s.a. (YoY) (Jan)

11:00 AM EUR Factory Orders s.a. (MoM) (Jan)

2:00 PM EUR ECB's President Lagarde speech

2:00 PM EUR Employment Change (QoQ) (Q4)

2:00 PM EUR Gross Domestic Product s.a. (QoQ) (Q4)

2:00 PM EUR Gross Domestic Product s.a. (YoY) (Q4)

5:30 PM EUR ECB's Cipollone speech

5:30 PM USD Average Hourly Earnings (MoM) (Feb)

5:30 PM USD Average Hourly Earnings (YoY) (Feb)

5:30 PM USD Labor Force Participation Rate (Feb)

5:30 PM USD Nonfarm Payrolls (Feb)

5:30 PM USD Retail Sales (MoM) (Jan)

5:30 PM USD Retail Sales Control Group (Jan)

5:30 PM USD Retail Sales ex Autos (MoM) (Jan)

5:30 PM USD U6 Underemployment Rate (Feb)

5:30 PM USD Unemployment Rate (Feb)

7:00 PM CAD Ivey Purchasing Managers Index (Feb)

7:00 PM CAD Ivey Purchasing Managers Index s.a (Feb)

7:15 PM USD Fed's Daly speech

7:15 PM USD Fed's Paulson speech

8:00 PM USD Fed Monetary Policy Report

8:30 PM USD Fed's Hammack speech

9:00 PM EUR ECB's Schnabel speech

10:20 PM USD Fed's Collins speech

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.0%
28-Oct-2025
09-Dec-2025
European Central Bank
2.00%
24-Jun-2025
18-Dec-2025
Bank of England
4.00%
07-Aug-2025
18-Dec-2025
Bank of Japan
0.5%
30-Jul-2025
19-Dec-2025
Reserve Bank of Australia
3.6%
20-May-2025
09-Dec-2025
S.Africa Reserve Bank
6.75%
20-Nov-2025
29-Jan-2026
Reserve Bank of India
5.5%
06-Jun-2025
05-Dec-2025
Bank of Mauritius
4.50%
04-Feb-2025
18-Dec-2025
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
1.1740
1.3486
159.51
17.26
R2
1.1693
1.3436
158.68
17.00
R1
1.1652
1.3397
158.12
16.82
PP
1.1605
1.3347
157.29
16.57
S1
1.1564
1.3308
156.73
16.39
S2
1.1517
1.3258
155.90
16.14
S3
1.1476
1.3219
155.34
15.96
Technical Analysis - Forex Charts
EUR/USD Outlook- A setback is anticipated following the recent rally to $1.1566 in April 2025
Chart updated on 26.05.2023
USD/MUR Outlook Bearish turn ahead !
Chart posted on 08.05.2023
EUR/MUR- A continuation of the uptrend!
Chart posted on 08.05.2023
The Pound is expected to experience a short-term rally before trending lower in wave C of a Zig-Zag corrective pattern
Chart posted on 12.08.2024
The Rand, an emerging market’s hero.
Chart posted on 24.09.2024
Yen bull, taking a breather before resuming its rally! 137.00
Chart posted on 12.08.2024
USDCAD - Medium term view
Chart posted on 27.08.2024
USD/JPY – Taking a step back to take two steps forward
Chart posted on 26.09.2024
The Aussie dollar- Medium Term View
Chart posted on 21.01.2025
Chart posted on 21.01.2025
Weekly Market Update by Devisha Ramsurrun
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.