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Treasury

Daily Market Patrol

Market Patrol 10 April 202

 Comfort is the enemy of achievement

Farrah Gray
Indicative Selling Rates
against MUR
USD
10 Apr 2026
  • AUD
  • 34.70
  • 0.7387
  • BWP
  • 3.44
  • 0.0732
  • CAD
  • 35.63
  • 1.3184
  • CNY
  • 7.31
  • 6.4284
  • DKK
  • 7.70
  • 6.0997
  • EUR
  • 55.20
  • 1.1751
  • HKD
  • 6.21
  • 7.5577
  • INR
  • 0.54
  • 87.7001
  • JPY
  • 31.11
  • 150.9926
  • KES
  • 37.63
  • 124.8118
  • NZD
  • 28.77
  • 0.6126
  • NOK
  • 5.15
  • 9.1208
  • SGD
  • 38.27
  • 1.2273
  • ZAR
  • 3.03
  • 15.5133
  • SEK
  • 5.29
  • 8.8712
  • CHF
  • 61.71
  • 1.3137
  • GBP
  • 63.36
  • 1.3490
  • USD
  • 46.97
  • 1.0000
  • AED
  • 13.32
  • 3.5268
With a light economic calendar, the British Pound extended its gains to 1.3425, supported by rising expectations of further Bank of England rate hikes.
Fundamental News

EUR/USD

The Euro slipped below 1.1700 in early Asian trading Friday, as traders stayed cautious ahead of US CPI data and upcoming US-Iran peace talks in Pakistan.

 GBP/USD

With a light economic calendar, the British Pound extended its gains to 1.3425, supported by rising expectations of further Bank of England rate hikes.

USD/JPY

USD/JPY remained on a firmer footing near 159.00 in Asian trading on Friday, as economic concerns linked to tensions around the Strait of Hormuz weigh on the Japanese Yen.

AUD/USD

AUD/USD showed little movement around 0.7070 following the release of Chinese inflation data for March, with both CPI and PPI figures sending a mixed signals

 USD/CAD

The Canadian Dollar traded around $1.3825 as market awaits Canadian employment data for March scheduled for today. 

USD/ZAR

The South African rand strengthened to trade around $ 16.4114 as a US–Iran ceasefire lowered oil prices and boosted investor risk appetite, pushing USD/ZAR down while markets await key inflation data from the Bureau of Labor Statistics

USD/MUR

The Dollar-Rupee dropped to 46.97 (selling) this morning. 

Fundamental & Technical Data
Economic Indicators-Local Time

10:00 AM EUR Harmonized Index of Consumer Prices (YoY) (Mar)

4:30 PM  CAD Unemployment Rate (Mar)

4:30 PM  USD Consumer Price Index (MoM) (Mar)

4:30 PM  USD Consumer Price Index (YoY) (Mar)

6:00 PM  USD Michigan Consumer Sentiment Index (Apr) Prel

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
1.1808
1.3548
160.22
16.70
R2
1.1767
1.3503
159.76
16.60
R1
1.1733
1.3470
159.38
16.49
PP
1.1692
1.3425
158.92
16.41
S1
1.1658
1.3392
158.54
16.27
S2
1.1617
1.3347
158.08
16.18
S3
1.1583
1.3314
157.70
16.06
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.