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Treasury

Daily Market Patrol

Market Patrol 08 April 2026

Never get so busy making a living that you forget to make a life. 

Dolly Parton
Indicative Selling Rates
against MUR
USD
08 Apr 2026
  • AUD
  • 34.67
  • 0.7384
  • BWP
  • 3.43
  • 0.0730
  • CAD
  • 35.59
  • 1.3193
  • CNY
  • 7.30
  • 6.4280
  • DKK
  • 7.69
  • 6.1081
  • EUR
  • 55.09
  • 1.1734
  • HKD
  • 6.21
  • 7.5552
  • INR
  • 0.54
  • 87.6963
  • JPY
  • 31.25
  • 150.2424
  • KES
  • 37.38
  • 125.6043
  • NZD
  • 28.69
  • 0.6110
  • NOK
  • 5.11
  • 9.1923
  • SGD
  • 38.25
  • 1.2275
  • ZAR
  • 3.02
  • 15.5318
  • SEK
  • 5.28
  • 8.8936
  • CHF
  • 61.73
  • 1.3147
  • GBP
  • 63.30
  • 1.3482
  • USD
  • 46.95
  • 1.0000
  • AED
  • 13.32
  • 3.5258
The Euro rised after U.S President Donald Trump agrees to a two-week ceasefire with Iran.
Fundamental News

EUR/USD

The Euro rised to $1.1702 after U.S President Donald Trump agrees to a two-week ceasefire with Iran, while FOMC minutes are set to take center stage later today.

 GBP/USD

The Pound sterling surged to $1.3441 with improved market sentiment despite U.K services PMI being revised down to an 11-month low of 50.5.

USD/JPY

The Japanese Yen traded higher at 158.50 against the greenback as the drop in oil prices fall, eases Japan’s import cost pressures, strengthening the case for a BoJ rate hike this month.    

AUD/USD

The Australian Dollar climbed over 1% to around $0.7080 as market sentiment becomes highly supportive of riskier assets.

USD/CAD

The Canadian Dollar slipped to 1.3835 versus the U.S dollar as weak data, especially contracting services activity, signaled slowing momentum and reinforced expectations of easing by the Bank of Canada.

USD/ZAR

The South African strengthened toward 16.3887 per USD, supported by higher precious metal prices and a softer U.S dollar.

USD/MUR

The Dollar-Rupee cooled to 46.95 (selling) this morning. 

Fundamental & Technical Data
Economic Indicators-Local Time

12:00 PM EUR Non-Monetary Policy ECB Meeting

1:00 PM EUR Producer Price Index (MoM) (Feb)

1:00 PM EUR Producer Price Index (YoY) (Feb)

1:00 PM EUR Retail Sales (MoM) (Feb)

1:00 PM EUR Retail Sales (YoY) (Feb)

9:05 PM USD Fed's Daly speech

10:00 PMNZD RBNZ's Breman speech

10:00 PM USD FOMC Minutes

10:35 PM USD Fed's Waller 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
1.1708
1.3418
160.49
17.09
R2
1.1656
1.3359
160.26
17.02
R1
1.1627
1.3327
159.94
16.91
PP
1.1575
1.3268
159.71
16.85
S1
1.1546
1.3236
159.39
16.74
S2
1.1494
1.3177
159.16
16.67
S3
1.1465
1.3145
158.84
16.56
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.