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Treasury

Daily Market Patrol

Market Patrol 15 Jul 2026

You find peace not by rearranging the circumstances of your life, but by realizing who you are at the deepest level.

Eckhart Tolle
Indicative Selling Rates
against MUR
USD
16 Jul 2026
  • AUD
  • 34.72
  • 0.7273
  • BWP
  • 3.48
  • 0.0729
  • CAD
  • 35.39
  • 1.3490
  • CNY
  • 7.45
  • 6.4081
  • DKK
  • 7.65
  • 6.2405
  • EUR
  • 54.74
  • 1.1466
  • HKD
  • 6.31
  • 7.5658
  • INR
  • 0.52
  • 91.8607
  • JPY
  • 29.45
  • 162.1053
  • KES
  • 38.14
  • 125.1704
  • NZD
  • 29.02
  • 0.6079
  • NOK
  • 5.09
  • 9.3792
  • SGD
  • 38.15
  • 1.2514
  • ZAR
  • 3.08
  • 15.5000
  • SEK
  • 5.16
  • 9.2519
  • CHF
  • 59.25
  • 1.2411
  • GBP
  • 64.62
  • 1.3536
  • USD
  • 47.74
  • 1.0000
  • AED
  • 13.40
  • 3.5627
Fundamental News

EUR/USD

The euro strengthened to $1.1440 after softer-than-expected US inflation data temporarily eased pressure on the Federal Reserve

GBP/USD

The Pound Sterling strengthened to $1.3405 as investors increased expectations for further Bank of England interest rate hikes amid rising energy-driven inflation concerns.

USD/JPY

The Japanese Yen found support around $162.20 as Japan’s government reaffirmed the Bank of Japan’s policy independence, reducing concerns over political pressure on interest rate decisions.

AUD/USD

The Australian Dollar remained firm at $0.6984, supported by resilient Chinese economic data and expectations that stronger demand from Australia’s largest trading partner could benefit the economy.

USD/CAD

The Canadian Dollar gathered some momentum to trade around $1.4046, supported by rising oil prices ahead of the Bank of Canada’s interest rate decision due today.

USD/ZAR

The South African rand initially trod water at $16.3450 on the last trading session after May mining output declined 5.4% year-on-year, highlighting weakness in a key sector of the economy.

USD/MUR

The Dollar–Rupee fell to 47.83 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

2:30 PM GBP  BoE's Pill speech

4:30 PM USD  Producer Price Index (YoY) (Jun)

4:30 PM USD  Producer Price Index ex Food & Energy (YoY) (Jun)

5:45 PM CAD  BoC Interest Rate Decision

5:45 PM CAD  BoC Monetary Policy Statement

6:30 PM CAD  BoC Press Conference

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
1.1547
1.3537
163.45
16.66
R2
1.1504
1.3489
162.95
16.58
R1
1.1461
1.3435
162.59
16.47
PP
1.1418
1.3388
162.09
16.35
S1
1.1375
1.3334
161.73
16.28
S2
1.1332
1.3286
161.24
16.20
S3
1.1289
1.3232
160.87
16.09
Technical Analysis - Forex Charts
EUR/USD Technical Views- Double Zig-Zag (WXY) Structure; Larger-Degree Wave X Still Unfolding
Chart updated on 29.04.2026
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
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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.