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Treasury

Daily Market Patrol

Market Patrol 12 January 2026

What you do today can improve all your tomorrows.

Ralph Marston
Indicative Selling Rates
against MUR
USD
13 Jan 2026
  • AUD
  • 33.14
  • 0.7030
  • BWP
  • 3.50
  • 0.0742
  • CAD
  • 34.91
  • 1.3504
  • CNY
  • 7.14
  • 6.6041
  • DKK
  • 7.71
  • 6.1173
  • EUR
  • 55.24
  • 1.1718
  • HKD
  • 6.26
  • 7.5247
  • INR
  • 0.55
  • 85.6300
  • JPY
  • 31.28
  • 150.7056
  • KES
  • 37.84
  • 124.5930
  • NZD
  • 28.54
  • 0.6054
  • NOK
  • 4.88
  • 9.6541
  • SGD
  • 38.05
  • 1.2389
  • ZAR
  • 3.01
  • 15.6746
  • SEK
  • 5.38
  • 8.7653
  • CHF
  • 61.35
  • 1.3015
  • GBP
  • 63.82
  • 1.3538
  • USD
  • 47.14
  • 1.0000
  • AED
  • 13.37
  • 3.5264
Fundamental News

EUR/USD

The Euro stayed pressure at 1.1665 against the greenback as cooling inflation across the euro area reduces expectations of additional policy tightening by the European Central Bank.

GBP/USD

The pound sterling weakened to 1.3425 after mixed UK jobs data showed weaker hiring but a lower unemployment rate.

USD/JPY

The Japanese yen slipped to 158 as rising Japan-China tensions and talk of an early election added uncertainty, with no clear timing yet for a Bank of Japan rate hike.

AUD/USD

The Australian dollar remained under pressure at 0.6695 after disappointing inflation data while fading expectations of further monetary tightening weighed on the Aussie.

USD/CAD

The USD/CAD pair slipped below 1.3900 as political uncertainty and geopolitical risks fueled demand.

USD/ZAR

The USD/ZAR pair traded around 16.46, the rand supported by a softer U.S. dollar and sustained emerging‑market appetite after recent data and central bank commentary eased expectations for aggressive Fed tightening.

USD/MUR

The dollar–rupee pair is unchanged at 47.16 on the offer side. 



Fundamental & Technical Data
Economic Indicators-Local Time

12:50 PM EUR ECB's De Guindos speech

1:30 PM EUR Sentix Investor Confidence (Jan)

9:30 PM USD Fed's Bostic 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
1.1722
1.3514
157.76
16.68
R2
1.1703
1.3489
157.41
16.61
R1
1.1682
1.3465
157.15
16.57
PP
1.1663
1.3440
156.80
16.51
S1
1.1642
1.3416
156.54
16.46
S2
1.1623
1.3391
156.19
16.40
S3
1.1602
1.3367
155.93
16.35
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.