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Treasury

Daily Market Patrol

Market Patrol 17 Jun 2026

A healthy attitude is contagious but don't wait to catch it from others. Be a carrier. 

Tom Stoppard
Indicative Selling Rates
against MUR
USD
19 Jun 2026
  • AUD
  • 35.30
  • 0.7260
  • BWP
  • 3.58
  • 0.0736
  • CAD
  • 35.74
  • 1.3604
  • CNY
  • 7.57
  • 6.4227
  • DKK
  • 7.76
  • 6.2655
  • EUR
  • 55.57
  • 1.1429
  • HKD
  • 6.42
  • 7.5732
  • INR
  • 0.54
  • 90.1372
  • JPY
  • 30.13
  • 161.3674
  • KES
  • 38.78
  • 125.3739
  • NZD
  • 28.94
  • 0.5952
  • NOK
  • 5.13
  • 9.4776
  • SGD
  • 38.70
  • 1.2563
  • ZAR
  • 3.10
  • 15.6839
  • SEK
  • 5.23
  • 9.2964
  • CHF
  • 60.15
  • 1.2371
  • GBP
  • 64.04
  • 1.3172
  • USD
  • 48.62
  • 1.0000
  • AED
  • 13.64
  • 3.5645
The Euro climbed as market remained focused on the possibility of further ECB rate hikes and ahead of USA Fed interest rate decision due later today.
Fundamental News

EUR/USD

The Euro climbed to $1.1610 as market remained focused on the possibility of further ECB rate hikes and ahead of USA Fed interest rate decision due later today.

GBP/USD

The Pound Sterling edged higher at $1.3430, supported by improved risk sentiment following optimism over a U.S.–Iran peace agreement, as markets awaited today's UK CPI inflation report for fresh clues on the Bank of England's policy outlook.

USD/JPY

The Japanese Yen remained steady around 160.28 against the greenback despite fears of a potential Japanese FX market intervention.

AUD/USD

The Australian dollar stayed supported at $0.7062 by a hawkish hold from the Reserve Bank of Australia, which kept rates at 4.35% but warned that further tightening remains possible if inflation stays elevated.

USD/CAD

The Canadian Dollar improved to 1.3995 versus the US dollar, supported by better global risk sentiment. However, its gains remained capped as weaker oil prices continued to weigh on the commodity-linked currency.

USD/ZAR

The South African Rand gained to $16.1890 ahead of this afternoon South African's CPI and retail sales data.

USD/MUR

The Dollar–Rupee fell by 13 cents to 47.84 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

10:00 AM GBP Consumer Price Index (MoM) (May)

11:30 AM EUR ECB's Cipollone speech

12:00 PM ZAR Consumer Price Index (MoM) (May)

1:00 PM EUR Core Harmonized Index of Consumer Prices (MoM) (May)

4:30 PM USD Retail Sales (MoM) (May)

5:00 PM EUR ECB's Sleijpen speech

6:00 PM USD Pending Home Sales (MoM) (May)

10:00 PM USD Fed Interest Rate Decision

10:00 PM USD Fed Monetary Policy Statement

10:00 PM USD FOMC Economic Projections

10:30 PM USD FOMC 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
1.1671
1.3500
160.98
16.34
R2
1.1645
1.3471
160.73
16.29
R1
1.1626
1.3448
160.55
16.24
PP
1.1600
1.3419
160.29
16.18
S1
1.1581
1.3395
160.12
16.13
S2
1.1555
1.3366
159.86
16.08
S3
1.1536
1.3342
159.68
16.03
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
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.