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Treasury

Daily Market Patrol

Market Patrol 21 April 2026

Health is the greatest gift, contentment the greatest wealth, faithfulness the best relationship. 

Buddha
Indicative Selling Rates
against MUR
USD
24 Apr 2026
  • AUD
  • 35.20
  • 0.7441
  • BWP
  • 3.51
  • 0.0741
  • CAD
  • 36.17
  • 1.3082
  • CNY
  • 7.35
  • 6.4362
  • DKK
  • 7.74
  • 6.1088
  • EUR
  • 55.53
  • 1.1738
  • HKD
  • 6.26
  • 7.5590
  • INR
  • 0.53
  • 89.2704
  • JPY
  • 31.21
  • 151.5796
  • KES
  • 37.85
  • 124.9819
  • NZD
  • 28.97
  • 0.6123
  • NOK
  • 5.27
  • 8.9837
  • SGD
  • 38.41
  • 1.2317
  • ZAR
  • 3.01
  • 15.7325
  • SEK
  • 5.34
  • 8.8536
  • CHF
  • 62.38
  • 1.3185
  • GBP
  • 64.01
  • 1.3531
  • USD
  • 47.31
  • 1.0000
  • AED
  • 13.41
  • 3.5268
The Pound Sterling hovers near 1.3520 after modest prior gains, with focus on today’s UK labor data and this week’s key CPI release.
Fundamental News

EUR/USD

The Euro trades around 1.1775 in early Asian trading on Tuesday, with markets awaiting the ZEW Survey releases from Germany and the Eurozone later in the day.

GBP/USD

The Pound Sterling hovers near 1.3520 after modest prior gains, with focus on today’s UK labor data and this week’s key CPI release.

USD/JPY

The Japanese Yen holds near 158.90 amid concerns that Japan’s economy could face pressure, as ongoing disruptions to shipping through the Strait of Hormuz continue to pose risks to energy supplies.

AUD/USD

The Australian Dollar strengthened to 0.7171 versus the greenback as anticipation of additional tightening by the RBA supports the Aussie Dollar.

USD/CAD

The Canadian Dollar improved to $1.3646 following the release of Canada’s Consumer Price Index (CPI) for March with its annual inflation rising to 2.4% with higher energy costs largely driving the increase.

USD/ZAR

The South African Rand recovers to $16.3717 as market await South Africa’s upcoming inflation report due tomorrow which is expected to shed further light on how the Iran war is affecting prices.

USD/MUR

The dollar–rupee traded 5 cents lower at 46.81 (selling) this morning. 

Fundamental & Technical Data
Economic Indicators-Local Time

10:00 AM GBP Claimant Count Change (Mar)

10:00 AM GBP Employment Change (3M) (Feb)

10:00 AM GBP ILO Unemployment Rate (3M) (Feb)

11:00 AM EUR ECB's De Guindos speech

1:00 PM EUR ZEW Survey – Current Situation (Apr)

1:00 PM EUR ZEW Survey – Economic Sentiment (Apr)

4:15 PM USD ADP Employment Change 4-week average

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

6:00 PM USD Fed Chair-designate Warsh testifies

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

10:30 PM USD Fed's Waller 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
1.1872
1.3632
159.81
16.60
R2
1.1831
1.3589
159.51
16.53
R1
1.1809
1.3562
159.16
16.44
PP
1.1768
1.3519
158.86
16.37
S1
1.1746
1.3492
158.51
16.29
S2
1.1705
1.3449
158.21
16.22
S3
1.1683
1.3422
157.86
16.13
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.