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Treasury

Daily Market Patrol

Market Patrol 14 January 2026

"Start where you are. Use what you have. Do what you can." --Arthur Ashe

Confucius
Indicative Selling Rates
against MUR
USD
16 Jan 2026
  • AUD
  • 32.85
  • 0.7026
  • BWP
  • 3.46
  • 0.0740
  • CAD
  • 34.60
  • 1.3515
  • CNY
  • 7.09
  • 6.5926
  • DKK
  • 7.62
  • 6.1388
  • EUR
  • 54.56
  • 1.1669
  • HKD
  • 6.22
  • 7.5219
  • INR
  • 0.55
  • 85.7542
  • JPY
  • 31.16
  • 150.0671
  • KES
  • 37.54
  • 124.5596
  • NZD
  • 28.22
  • 0.6036
  • NOK
  • 4.83
  • 9.6863
  • SGD
  • 37.72
  • 1.2395
  • ZAR
  • 3.00
  • 15.6008
  • SEK
  • 5.31
  • 8.7990
  • CHF
  • 60.53
  • 1.2945
  • GBP
  • 62.92
  • 1.3456
  • USD
  • 46.76
  • 1.0000
  • AED
  • 13.26
  • 3.5254
The Euro softens as strong U.S. labor data outweighs easing inflation.
Fundamental News

EUR/USD

The Euro softens to 1.1645 as strong U.S. labor data outweighs easing inflation, pushing back expectations for near-term Fed rate cuts.

GBP/USD

The Pound Sterling dipped to 1.3435 against the greenback as investors stayed on the sideline for key UK economic data for fresh direction, while lingering BoE rate-cut expectations continued to weigh on the Pound.

USD/JPY

The Japanese Yen weakened to 159.20 against the U.S dollar on concerns over looser fiscal and monetary policy in Japan and ahead of a potential early general election in February.

AUD/USD

The Australian dollar remained steady at 0.6695 despite stronger-than-expected growth in China’s December trade surplus failed to provide support.

USD/CAD

The Canadian dollar saw a modest rise to 1.3888, as easing U.S. inflation tempered the boost from higher oil prices.

USD/ZAR

The South African rand softened to 16.3580 versus its U.S counterpart as investors took profits after recent gold-led gains, with global risk sentiment. 

USD/MUR

The dollar-rupee gained 8 cents to 47.22 (selling) this morning.



Fundamental & Technical Data
Economic Indicators-Local Time

5:30 PM USD Producer Price Index (MoM) (Oct)

5:30 PM USD Producer Price Index ex Food & Energy (YoY) (Oct)

5:30 PM USD Retail Sales (MoM) (Nov)

5:30 PM USD Producer Price Index ex Food & Energy (YoY) (Nov)

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
1.1712
1.3545
160.9
16.54
R2
1.1695
1.3520
160.04
16.50
R1
1.1669
1.3471
159.61
16.41
PP
1.1652
1.3446
158.75
16.37
S1
1.1626
1.3397
158.32
16.36
S2
1.1609
1.3372
157.46
16.32
S3
1.1583
1.3323
157.03
16.27
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.