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Treasury

Daily Market Patrol

Market Patrol 27 August 2026

Life is like a riding a bicycle. To keep your balance, you must keep moving.

Albert Einstein
Indicative Selling Rates
against MUR
USD
28 Aug 2026
  • AUD
  • 35.56
  • 0.7474
  • BWP
  • 3.54
  • 0.0744
  • CAD
  • 35.75
  • 1.3309
  • CNY
  • 7.47
  • 6.3695
  • DKK
  • 7.74
  • 6.1473
  • EUR
  • 55.41
  • 1.1646
  • HKD
  • 6.29
  • 7.5644
  • INR
  • 0.52
  • 91.1494
  • JPY
  • 29.84
  • 159.4504
  • KES
  • 37.99
  • 125.2435
  • NZD
  • 29.45
  • 0.6190
  • NOK
  • 5.25
  • 9.0629
  • SGD
  • 38.54
  • 1.2346
  • ZAR
  • 3.13
  • 15.2013
  • SEK
  • 5.18
  • 9.1853
  • CHF
  • 59.12
  • 1.2425
  • GBP
  • 64.68
  • 1.3594
  • USD
  • 47.58
  • 1.0000
  • AED
  • 13.36
  • 3.5614
The South African Rand was steady supported by firm commodity prices.
Fundamental News

EUR/USD

The Euro traded firm around $1.1655 as markets weighed stronger U.S. inflation data against expectations of a September ECB hike.

GBP/USD

The Pound Sterling languished below $1.3590 as markets opt to wait for Fed Chair Kevin Warsh's scheduled speech at the Jackson Hole Symposium on Friday.

USD/JPY

The Japanese Yen was softer at 159.34 versus the greenback amid concerns about Japan's worsening fiscal condition. 

AUD/USD

The Australian Dollar held strong at $0.7185, driven by heightened expectations of an upcoming RBA interest rate hike, catalyzed by a hotter-than-expected July inflation report that signaled persistent price pressures.

USD/CAD

The Canadian Dollar edged lower to $1.3880, following hotter than expected US inflation which boosted expectations of a FED rate hike.

USD/ZAR

The South African Rand was steady at $15.94 supported by firm commodity prices.

USD/MUR

The Dollar–Rupee climbed to 47.52 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

3:30 PM EUR ECB Monetary Policy Meeting Accounts

4:30 PM CAD Current Account (Q2)

4:30 PM USD Initial Jobless Claims

6:00 PM USD Jackson Hole Symposium

 

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
1.1705
1.3699
160.08
16.09
R2
1.1690
1.3674
159.76
16.04
R1
1.1670
1.3632
159.52
16.00
PP
1.1655
1.3607
159.19
15.95
S1
1.1635
1.3566
158.95
15.92
S2
1.1620
1.3540
158.63
15.90
S3
1.1600
1.3499
158.39
15.85
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.