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Treasury

Daily Market Patrol

Market Patrol 18 Jun 2026

Success isn't measured by money or power or social rank. Success is measured by your discipline and inner peace.

 

 

 

Mike Ditka
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 fell against the US Dollar after the FED left interest rates unchanged at 3.50%-3.75%, as widely expected.
Fundamental News

EUR/USD

The Euro fell to 1.1516 against the Dollar after the FED left interest rates unchanged at 3.50%-3.75%, as widely expected.

GBP/USD

The Pound Sterling lowered to $1.3310 after softer than expected UK inflation data reduced expectations for further policy tightening. Markets now await the BoE decision due later today, with the Bank Rate anticipated to stay at 3.75%.

USD/JPY

The Japanese Yen declined to $160.60 as the Bank of Japan’s gradual approach to policy normalization continued to limit support for the yen.

AUD/USD

The Australian dollar remained under pressure at 0.7035 against the greenback amid ongoing caution around China’s demand outlook.

USD/CAD

The Canadian Dollar weakened to $1.4110 as market anticipate a resumption of Iranian Oil exports, which adds pressure to Crude prices.

USD/ZAR

The South African Rand softened to 16.30 versus the greenback as ongoing concerns around economic reforms, electricity supply reliability, and sluggish growth kept sentiment toward the rand cautious.

USD/MUR

The Dollar–Rupee inched up by 38 cents to 48.22 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:30 AM CHF SNB Interest Rate Decision

2:10 PM EUR ECB's Elderson speech

3:00 PM GBP BoE Interest Rate Decision

3:00 PM GBP BoE Minutes

4:00 PM EUR ECB's Cipollone speech

4:30 PM USD Initial Jobless Claims

4:30 PM USD Philadelphia Fed Manufacturing Survey (Jun)

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
1.1723
1.3564
161.58
16.87
R2
1.1670
1.3498
161.18
16.67
R1
1.1585
1.3392
160.90
16.55
PP
1.1531
1.3327
160.51
16.35
S1
1.1446
1.3221
160.23
16.22
S2
1.1392
1.3155
159.83
16.02
S3
1.1307
1.3049
159.55
15.90
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.