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Treasury

Daily Market Patrol

Market Patrol 13 March 2026

Success is the product of daily habits -- not once in a lifetime transformation. 

James Clear
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 Euro nosedived with market awaiting the U.S PCE inflation data scheduled for release this afternoon ahead of the U.S Federal Reserve’s policy meeting next week.
Fundamental News

EUR/USD

The Euro nosedived to $1.1505 with market awaiting the U.S PCE inflation data scheduled for release this afternoon, which may provide clues about the future direction of US interest rates ahead of the U.S Federal Reserve’s policy meeting next week.

GBP/USD

The Pound Sterling dipped to 1.3340 against the greenback amid growing confidence that the Bank of England will lower its interest rates at its policy meeting next Thursday.

USD/JPY

The Japanese Yen extended its losses, trading around $159.38, with this economic situation being very challenging for Japan, a major energy importer reliant on Middle East oil where rising prices are putting additional pressure on the Yen.

AUD/USD

The Australian Dollar slipped to 0.7067 against the U.S Dollar while expectations of a rate hike by the Reserve Bank of Australia at its meeting next Tuesday helped cap losses.

USD/CAD

The Canadian Dollar was weighed down to $1.3648 amid the ongoing US-Iran war.

USD/ZAR

The South African Rand drifted lower to 16.7972 versus the U.S dollar as escalating Middle East tensions and surging oil prices hurt risk appetite, despite stronger current account and mining data.

USD/MUR

The Dollar-Rupee fell surged to 46.94 (selling) this morning. 

 

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 AM GBP Gross Domestic Product (MoM) (Jan)

11:00 AM GBP Industrial Production (MoM) (Jan)

11:00 AM GBP Manufacturing Production (MoM) (Jan)

12:00 PM EUR Harmonized Index of Consumer Prices (YoY) (Feb)

1:30 PM GBP Consumer Inflation Expectations

2:00 PM EUR Industrial Production s.a. (MoM) (Jan)

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

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

4:30 PM USD Core Personal Consumption Expenditures - Price Index (MoM) (Jan)

4:30 PM USD Core Personal Consumption Expenditures - Price Index (YoY) (Jan)

4:30 PM USD Core Personal Consumption Expenditures (QoQ) (Q4) 

4:30 PM USD Durable Goods Orders (Jan)

4:30 PM USD Durable Goods Orders ex Defense (Jan)

4:30 PM USD Durable Goods Orders ex Transportation (Jan)

4:30 PM USD Gross Domestic Product Annualized (Q4) 

4:30 PM USD Gross Domestic Product Price Index (Q4) 

4:30 PM USD Nondefense Capital Goods Orders ex Aircraft (Jan)

4:30 PM USD Personal Consumption Expenditures - Price Index (MoM) (Jan)

4:30 PM USD Personal Consumption Expenditures - Price Index (YoY) (Jan)

4:30 PM USD Personal Consumption Expenditures Prices (QoQ) (Q4) 

4:30 PM USD Personal Income (MoM) (Jan)

4:30 PM USD Personal Spending (Jan)

6:00 PM USD Michigan Consumer Sentiment Index (Mar) 

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
1.1624
1.3471
160.53
17.27
R2
1.1601
1.3444
159.98
17.03
R1
1.1556
1.3393
159.67
16.92
PP
1.1533
1.3366
159.12
16.68
S1
1.1488
1.3315
158.81
16.57
S2
1.1465
1.3288
158.26
16.34
S3
1.1420
1.3237
157.95
16.22
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.