Internet Banking
Click icon again to close

Treasury

Daily Market Patrol

Market Patrol 15 April 2026

Always surround yourself with people who are even more talented and competent than you. 

Stephen Covey
Indicative Selling Rates
against MUR
USD
17 Apr 2026
  • AUD
  • 35.01
  • 0.7492
  • BWP
  • 3.47
  • 0.0742
  • CAD
  • 35.79
  • 1.3057
  • CNY
  • 7.28
  • 6.4213
  • DKK
  • 7.72
  • 6.0547
  • EUR
  • 55.33
  • 1.1840
  • HKD
  • 6.19
  • 7.5503
  • INR
  • 0.53
  • 87.8713
  • JPY
  • 30.91
  • 151.2045
  • KES
  • 37.45
  • 124.7905
  • NZD
  • 28.82
  • 0.6167
  • NOK
  • 5.20
  • 8.9951
  • SGD
  • 38.13
  • 1.2257
  • ZAR
  • 3.01
  • 15.5050
  • SEK
  • 5.33
  • 8.7707
  • CHF
  • 61.92
  • 1.3251
  • GBP
  • 63.51
  • 1.3590
  • USD
  • 46.73
  • 1.0000
  • AED
  • 13.25
  • 3.5261
The dollar–rupee traded 4 cents lower at 46.70 (selling) this morning. 
Fundamental News

EUR/USD

The Euro remained bullish at $1.1788 supported by easing energy prices as markets continue to price in modest tightening by the European Central Bank at the April 30 meeting.

GBP/USD

The Pound Sterling traded higher at 1.3570 against the greenback as softer US producer inflation data drags the US Dollar to six-week lows, with traders now awaiting UK GDP data.

USD/JPY

Despite optimism over Iran diplomacy, economic concerns linked to instability in the Strait of Hormuz continue to limit bullish interest in the Japanese Yen, with USD/JPY trading around 158.96.

AUD/USD

The Australian Dollar rose above $0.7130 as markets weighed mixed economic signals, with a sharp drop in Westpac Consumer Confidence with focus shifting to Australia’s employment data and China’s Q1 GDP on Thursday.

USD/CAD

The Canadian Dollar traded slightly higher to near 1.3780, as optimism over potential US–Iran ceasefire talks tempers sentiment and leaves the outlook uncertain.

USD/ZAR

The South African rand strengthened slightly to $16.3638, supported by a weaker dollar and a drop in oil prices below $100 per barrel.

USD/MUR

The dollar–rupee traded 4 cents lower at 46.70 (selling) this morning. 

Fundamental & Technical Data
Economic Indicators-Local Time

1:00 PM EUR Industrial Production s.a. (MoM) (Feb)

4:30 PM USD Fed's Barr speech

4:30 PM USD NY Empire State Manufacturing Index (Apr)

7:20 PM EUR ECB's Cipollone speech

7:50 PM GBP BoE's Governor Bailey speech

9:00 PM EUR ECB's Escrivá speech

9:00 PM NZD RBNZ's Breman speech

9:45 PM USD Fed's Bowman speech

10:00 PM EUR ECB's Cipollone speech

10:00 PM GBP BoE's Governor Bailey speech

10:00 PM USD Fed's Beige Book

11:30 PM EUR ECB's President Lagarde 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
1.1877
1.3698
160.29
16.59
R2
1.1845
1.3644
159.91
16.53
R1
1.182
1.3605
159.36
16.43
PP
1.1788
1.3551
158.98
16.34
S1
1.1763
1.3512
158.43
16.33
S2
1.1731
1.3458
158.05
16.27
S3
1.1706
1.3419
157.50
16.21
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.