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Treasury

Daily Market Patrol

Market Patrol 11 Jun 2026

To confine our attention to terrestrial matters would be to limit the human spirit

Stephen William Hawking
Indicative Selling Rates
against MUR
USD
11 Jun 2026
  • AUD
  • 35.34
  • 0.7272
  • BWP
  • 3.59
  • 0.0739
  • CAD
  • 36.27
  • 1.3400
  • CNY
  • 7.56
  • 6.4286
  • DKK
  • 7.84
  • 6.1990
  • EUR
  • 56.12
  • 1.1547
  • HKD
  • 6.42
  • 7.5701
  • INR
  • 0.53
  • 91.3191
  • JPY
  • 30.28
  • 160.5020
  • KES
  • 38.82
  • 125.1932
  • NZD
  • 29.25
  • 0.6019
  • NOK
  • 5.29
  • 9.1871
  • SGD
  • 38.86
  • 1.2506
  • ZAR
  • 3.09
  • 15.7282
  • SEK
  • 5.30
  • 9.1698
  • CHF
  • 60.86
  • 1.2523
  • GBP
  • 65.04
  • 1.3383
  • USD
  • 48.60
  • 1.0000
  • AED
  • 13.63
  • 3.5657
Fundamental News

EUR/USD

The Euro stayed put around $1.1549 in anticipation of the European Central Bank’s monetary policy announcement due later this afternoon where the ECB is anticipated to raise interest rates in response to upside risks to inflation.

GBP/USD

The Pound Sterling was relatively steady around 1.3385 as it struggled to attract any meaningful buyers amid domestic political uncertainty.

USD/JPY

The Japanese Yen traded flatline near a six-week high of 160.50 following suspected foreign-exchange intervention by Japanese authorities.

AUD/USD

The Australian dollar lost ground to trade around 0.7010 as NAB expects the RBA’s next move to be a rate cut, adding pressure on the currency.

USD/CAD

The Canadian dollar firmed at $1.3935 after the Bank of Canada kept its key interest rate unchanged at 2.25% yesterday, while investors monitored recession concerns, rising oil prices, and trade uncertainty following comments from Donald Trump.

USD/ZAR

The South African rand gained modestly to 16.52 as local investors focused on South Africa's upcoming current-account, mining and manufacturing data, with expectations that external balances remain relatively healthy despite weak domestic growth.

USD/MUR

The Dollar–Rupee stabilized at 48.60 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

4:15 PM  EUR  ECB Main Refinancing Operations Rate

4:15 PM  EUR  ECB Monetary Policy Statement

4:15 PM     EUR  ECB Rate On Deposit Facility

4:30 PM    USD  Continuing Jobless Claims

4:30 PM  USD  Initial Jobless Claims

4:30 PM  USD  Producer Price Index (MoM) (May)

4:30 PM  USD  Producer Price Index ex Food & Energy (YoY) (May)

4:45 PM     EUR  ECB Press Conference

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
1.1600
1.3466
160.98
16.77
R2
1.1586
1.3444
160.77
16.70
R1
1.1560
1.3405
160.65
16.64
PP
1.1546
1.3383
160.44
16.56
S1
1.1520
1.3344
160.31
16.50
S2
1.1506
1.3322
160.10
16.42
S3
1.1480
1.3283
159.98
16.36
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
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.