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Treasury

Daily Market Patrol

Market Patrol 10 Jul 2026

Knowing is not enough; we must apply. Willing is not enough; we must do.

Johann Wolfgang von Goethe
Indicative Selling Rates
against MUR
USD
13 Jul 2026
  • AUD
  • 34.55
  • 0.7202
  • BWP
  • 3.54
  • 0.0738
  • CAD
  • 35.29
  • 1.3593
  • CNY
  • 7.46
  • 6.4303
  • DKK
  • 7.65
  • 6.2706
  • EUR
  • 54.70
  • 1.1403
  • HKD
  • 6.34
  • 7.5662
  • INR
  • 0.53
  • 91.3540
  • JPY
  • 29.61
  • 162.0061
  • KES
  • 38.33
  • 125.1500
  • NZD
  • 28.70
  • 0.5983
  • NOK
  • 5.05
  • 9.4990
  • SGD
  • 38.16
  • 1.2571
  • ZAR
  • 3.08
  • 15.5747
  • SEK
  • 5.13
  • 9.3509
  • CHF
  • 59.25
  • 1.2351
  • GBP
  • 64.20
  • 1.3383
  • USD
  • 47.97
  • 1.0000
  • AED
  • 13.46
  • 3.5639
The euro remained supported after the ECB's June meeting accounts showed policymakers still see inflation staying above target, reinforcing expectations that further rate hikes remain possible if price pressures persist.
Fundamental News

EUR/USD

The Euro remained supported at $1.1441 after the ECB's June meeting accounts showed policymakers still see inflation staying above target, reinforcing expectations that further rate hikes remain possible if price pressures persist.

GBP/USD

The British Pound strengthened to $1.3430 amid optimism on the UK government leadership transition and Bank of England rate hike bets.

USD/JPY

The Japanese Yen rose to $161.55 following hot PPI inflation data and Japanese fiscal and financial reforms announcements.

AUD/USD

The Australian Dollar climbed to $0.6955 after RBA assistant Governor Saarah Hunter warned some tightening may be required if the oil shock lifts inflation expectations.

USD/CAD

The Canadian dollar advanced to $1.4155 as crude oil prices remain elevated amid shopping traffic slowdown in the Strait of Hormuz.

USD/ZAR

The South African Rand extended gains to 16.3050 against the greenback underpinned by stronger gold prices, although manufacturing output contracted more sharply than forecast.

USD/MUR

The Dollar–Rupee retracted to 47.80 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:15 AM EUR ECB's Vujčić speech

4:30 PM CAD Average Hourly Wages (YoY) (Jun)

4:30 PM CAD Building Permits (MoM) (May)

4:30 PM CAD Net Change in Employment (Jun)

4:30 PM CAD Participation Rate (Jun)

4:30 PM CAD Unemployment Rate (Jun)

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
1.1484
1.3481
162.91
16.52
R2
1.1466
1.3455
162.76
16.47
R1
1.1447
1.3431
161.55
16.40
PP
1.1429
1.3405
162.40
16.37
S1
1.1411
1.3380
162.19
16.35
S2
1.1393
1.3355
162.03
16.29
S3
1.1374
1.3330
161.83
16.23
Technical Analysis - Forex Charts
EUR/USD Technical Views- Double Zig-Zag (WXY) Structure; Larger-Degree Wave X Still Unfolding
Chart updated on 29.04.2026
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
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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.