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Daily Market Patrol

Market Patrol 18 September 2026

A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.

Winston Churchill
Indicative Selling Rates
against MUR
USD
18 Sep 2026
  • AUD
  • 35.75
  • 0.7403
  • BWP
  • 3.59
  • 0.0743
  • CAD
  • 35.95
  • 1.3433
  • CNY
  • 7.60
  • 6.3539
  • DKK
  • 7.75
  • 6.2310
  • EUR
  • 55.49
  • 1.1491
  • HKD
  • 6.38
  • 7.5690
  • INR
  • 0.53
  • 91.3891
  • JPY
  • 30.78
  • 156.8876
  • KES
  • 38.49
  • 125.4612
  • NZD
  • 28.80
  • 0.5964
  • NOK
  • 5.28
  • 9.1458
  • SGD
  • 38.96
  • 1.2395
  • ZAR
  • 3.13
  • 15.4281
  • SEK
  • 5.11
  • 9.4501
  • CHF
  • 58.71
  • 1.2158
  • GBP
  • 64.59
  • 1.3375
  • USD
  • 48.29
  • 1.0000
  • AED
  • 13.55
  • 3.5638
The Japanese Yen fell like house of cards after the BoJ hiked interest rates by 25 bps to 1.25% this morning.
Fundamental News

EUR/USD

The Euro gathered some strength around $1.1485 as U.S. Treasury yields and oil prices eased overnight, reducing some of the US dollar’s support.

GBP/USD

The Pound Sterling eased to $1.3365 after BoE left interest rates unchanged at its September meeting yesterday, despite inflation rising well above its 2% target.

USD/JPY

The Japanese Yen fell like house of cards after the BoJ hiked interest rates by 25 bps to 1.25% this morning. 

AUD/USD

The Australian Dollar climbed to $0.7130 following hawkish comments from Reserve Bank of Australia Governor Michele Bullock.

USD/CAD

The Canadian Dollar traded flat near $1.3990 as the recent rise in oil prices failed to support the Loonie amid the widening US-Canada rate gap.

USD/ZAR

The South African Rand was supported by higher gold and platinum prices which helped offset the impact of the Fed’s rate hike and traded at 16.2352 against the greenback.

USD/MUR

The Dollar–Rupee was trading lower at 48.29 (selling) this morning. 

Fundamental & Technical Data
Economic Indicators-Local Time

10:30 AM JPY BoJ Press Conference

11:30 AM USD Fed's Bowman speech

5:15 PM USD Industrial Production (MoM) (Aug)

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4%
16-Sep-2026
28-Oct-2026
European Central Bank
2.50%
10-Sep-2026
29-Oct-2026
Bank of England
3.75%
17-Dec-2025
17-Sep-2026
Bank of Japan
1.00%
15-Jun-2026
18-Sep-2026
Reserve Bank of Australia
4.35%
04-May-2026
28-Sep-2026
S.Africa Reserve Bank
7%
20-Nov-2025
25-Nov-2026
Reserve Bank of India
5.25%
04-Dec-2025
06-Oct-2026
Bank of Mauritius
4.75%
12-Aug-2026
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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
1.1540
1.3467
157.38
16.55
R2
1.1518
1.3437
156.84
16.47
R1
1.1496
1.3397
156.39
16.36
PP
1.1475
1.3366
155.86
16.28
S1
1.1453
1.3326
155.41
16.23
S2
1.1432
1.3295
154.87
16.18
S3
1.1410
1.3256
154.42
16.10
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
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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.