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Daily Market Patrol

Market Patrol 24 August 2026

You are never too old to set another goal or to dream a new dream.

C. S. Lewis
Indicative Selling Rates
against MUR
USD
27 Aug 2026
  • AUD
  • 35.45
  • 0.7460
  • BWP
  • 3.53
  • 0.0743
  • CAD
  • 35.64
  • 1.3333
  • CNY
  • 7.46
  • 6.3700
  • DKK
  • 7.74
  • 6.1395
  • EUR
  • 55.39
  • 1.1656
  • HKD
  • 6.28
  • 7.5669
  • INR
  • 0.52
  • 91.0170
  • JPY
  • 29.82
  • 159.3561
  • KES
  • 37.94
  • 125.2504
  • NZD
  • 29.36
  • 0.6178
  • NOK
  • 5.23
  • 9.0860
  • SGD
  • 38.49
  • 1.2346
  • ZAR
  • 3.13
  • 15.1821
  • SEK
  • 5.17
  • 9.1915
  • CHF
  • 59.01
  • 1.2418
  • GBP
  • 64.57
  • 1.3588
  • USD
  • 47.52
  • 1.0000
  • AED
  • 13.34
  • 3.5622
The euro remained supported by stronger Eurozone PMI data released on Friday, while broader gains continue to be reinforced by ongoing US Dollar weakness.
Fundamental News

EUR/USD

The Euro gathered some momentum near $1.1680, supported by stronger Eurozone PMI data released on Friday,  while broader gains continue to be reinforced by ongoing US Dollar weakness.

GBP/USD

The Pound Sterling remained supported at $1.3640 after stronger-than-expected UK Services PMI data released on Friday showed a rise to a six-month high of 52.8, reinforcing signs of resilience in the UK economy.

USD/JPY

The Japanese Yen gained ground at $158.90 on stronger-than-expected inflation data, which accelerated for a second straight month.

AUD/USD

The Australian Dollar traded with mild gains near 0.7175, supported by US Dollar weakness ahead of tomorrow's RBA Minutes, while elevated geopolitical tensions could limit further upside.

USD/CAD

The Canadian Dollar fell to $1.3815 after trade talks between the US and Canada broke down. Subsequently, the US imposed a 50% tariff on Canadian imports on Saturday and Canada is set to retaliate on September 8.

USD/ZAR

The South African rand strengthened at $158.90 on the back of a weaker US Dollar, higher gold prices and supportive bond flows providing much support, although geopolitical and monetary-policy risks remained a concern.

USD/MUR

The Dollar–Rupee edged up to 47.37(selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

No major economic data

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
1.1744
1.3730
160.06
16.28
R2
1.1727
1.3702
159.59
16.23
R1
1.1701
1.3672
159.28
16.18
PP
1.1685
1.3645
158.81
16.13
S1
1.1658
1.3616
158.50
16.10
S2
1.1642
1.3588
158.03
16.08
S3
1.1616
1.3558
157.72
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
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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.