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Treasury

Daily Market Patrol

Market Patrol 22 Jun 2026

Good judgement comes from experience, and a lot of that comes from bad judgment. 

 

 

 

Will Rogers
Indicative Selling Rates
against MUR
USD
22 Jun 2026
  • AUD
  • 35.30
  • 0.7275
  • BWP
  • 3.57
  • 0.0736
  • CAD
  • 35.60
  • 1.3629
  • CNY
  • 7.55
  • 6.4265
  • DKK
  • 7.77
  • 6.2445
  • EUR
  • 55.58
  • 1.1455
  • HKD
  • 6.41
  • 7.5694
  • INR
  • 0.54
  • 90.2194
  • JPY
  • 30.02
  • 161.6256
  • KES
  • 38.72
  • 125.3099
  • NZD
  • 28.87
  • 0.5950
  • NOK
  • 5.15
  • 9.4214
  • SGD
  • 38.64
  • 1.2557
  • ZAR
  • 3.11
  • 15.6013
  • SEK
  • 5.24
  • 9.2595
  • CHF
  • 60.02
  • 1.2370
  • GBP
  • 64.09
  • 1.3209
  • USD
  • 48.52
  • 1.0000
  • AED
  • 13.61
  • 3.5650
The Canadian Dollar hit 14-month lows due to safe-haven demand and lower oil prices.
Fundamental News

EUR/USD

The Euro eased to $1.1450 after ECB policymaker Pierre Wunsch said the central bank could raise interest rates again as early as next month if inflation continues to spread beyond energy prices.

GBP/USD

The Pound Sterling hopped to 1.3223 against the greenback despite UK PM Starmer is expected to resign after a political challenge.

USD/JPY

The Japanese Yen fell further to $161.65 in the wake of worries that Japan's economy will remain under strain due to the Middle East conflict and the continued energy supply disruptions through the Straight of Hormuz.

AUD/USD

The Australian dollar gained few pips at $0.7005 after the PBO left its key lending benchmarks unchanged. 

USD/CAD

The Canadian Dollar hit 14-month lows against the US dollar at $1.4183 due to safe-haven demand and lower oil prices.

USD/ZAR

The South African Rand recovered to $16.42 with lower oil prices providing a supportive backdrop for South Africa’s external balance.

USD/MUR

The Dollar–Rupee was trading lower by 10 cents at 48.52 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

12:00 PM EUR ECB's President Lagarde speech

4:30 PM CAD BoC Consumer Price Index Core (YoY) (May)

4:30 PM CAD Consumer Price Index - Core (MoM) (May)

5:00 PM EUR ECB's President Lagarde speech

5:00 PM USD Fed's Waller speech

6:00 PM EUR Consumer Confidence (Jun) Prel

7:15 PM EUR ECB's President Lagarde 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
1.1558
1.3335
161.96
16.64
R2
1.1519
1.3287
161.70
16.58
R1
1.1495
1.3258
161.49
16.50
PP
1.1456
1.3210
161.23
16.44
S1
1.1432
1.3180
161.02
16.36
S2
1.1393
1.3132
160.76
16.31
S3
1.1369
1.3103
160.55
16.22
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.