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Treasury

Daily Market Patrol

Market Patrol 11 March 2026

Just one small positive thought in the morning can change your whole day. 

Dalai Lama
Indicative Selling Rates
against MUR
USD
13 Mar 2026
  • AUD
  • 34.66
  • 0.7384
  • BWP
  • 3.48
  • 0.0741
  • CAD
  • 36.05
  • 1.3020
  • CNY
  • 7.25
  • 6.4760
  • DKK
  • 7.58
  • 6.1957
  • EUR
  • 54.26
  • 1.1560
  • HKD
  • 6.22
  • 7.5503
  • INR
  • 0.54
  • 87.5373
  • JPY
  • 31.04
  • 151.2216
  • KES
  • 37.60
  • 124.8559
  • NZD
  • 28.68
  • 0.6111
  • NOK
  • 5.03
  • 9.3355
  • SGD
  • 38.09
  • 1.2322
  • ZAR
  • 2.93
  • 16.0117
  • SEK
  • 5.25
  • 8.9349
  • CHF
  • 61.91
  • 1.3189
  • GBP
  • 62.90
  • 1.3400
  • USD
  • 46.94
  • 1.0000
  • AED
  • 13.31
  • 3.5262
The Japanese Yen stayed under pressure following expectations that the Bank of Japan may keep its rate at 0.75% at its meeting next week.
Fundamental News

EUR/USD

The Euro climbed further to $1.1635 after President Donald Trump said the Middle East conflict might be nearing an end thus boosting market sentiment.

GBP/USD

The Pound Sterling edged up to 1.3453 against the U.S dollar supported by lower oil prices that eased inflation concerns in the UK’s energy-importing economy.

USD/JPY

The Japanese Yen stayed under pressure at $158.16 following expectations that the Bank of Japan may keep its rate at 0.75% at its meeting next week.

AUD/USD

The Australian Dollar hopped to 0.7168 versus the greenback as markets boosted expectations the Reserve Bank of Australia may soon begin raising interest rates due to persistent inflation.

USD/CAD

The Canadian Dollar recovered to $1.3562 amid the International Energy Agency proposed releasing large global oil reserves to cool prices that surged during the US-Israel-Iran conflict.

USD/ZAR

The South African Rand lifted slightly to 16.2686 against the U.S dollar as risk sentiment improved and commodity prices, especially gold, stayed firm.

USD/MUR

The Dollar-Rupee fell by 3cents to 46.36 (selling) this morning.

 

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 AM EUR Harmonized Index of Consumer Prices (MoM) (Feb)

11:00 AM EUR Harmonized Index of Consumer Prices (YoY) (Feb)

12:30 PM EUR ECB's De Guindos speech

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

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

4:30 PM USD Consumer Price Index ex Food & Energy (MoM) (Feb)

4:30 PM USD Consumer Price Index ex Food & Energy (YoY) (Feb)

7:10 PM EUR ECB's Schnabel 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
1.1710
1.3534
159.44
16.73
R2
1.1688
1.3509
158.84
16.58
R1
1.1650
1.3463
158.44
16.43
PP
1.1628
1.3438
157.84
16.28
S1
1.1590
1.3392
157.44
16.14
S2
1.1568
1.3367
156.84
15.98
S3
1.1530
1.3321
156.44
15.83
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.