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Treasury

Daily Market Patrol

Market Patrol 28 April 2026

The true secret of happiness lies in taking a genuine interest in all the details of daily life. 

William Morris
Indicative Selling Rates
against MUR
USD
29 Apr 2026
  • AUD
  • 35.36
  • 0.7481
  • BWP
  • 3.49
  • 0.0739
  • CAD
  • 36.19
  • 1.3061
  • CNY
  • 7.35
  • 6.4352
  • DKK
  • 7.75
  • 6.0964
  • EUR
  • 55.61
  • 1.1764
  • HKD
  • 6.25
  • 7.5611
  • INR
  • 0.53
  • 89.7058
  • JPY
  • 31.21
  • 151.4381
  • KES
  • 37.88
  • 124.7914
  • NZD
  • 29.01
  • 0.6138
  • NOK
  • 5.27
  • 8.9765
  • SGD
  • 38.43
  • 1.2302
  • ZAR
  • 3.02
  • 15.6470
  • SEK
  • 5.34
  • 8.8602
  • CHF
  • 62.17
  • 1.3152
  • GBP
  • 64.20
  • 1.3582
  • USD
  • 47.27
  • 1.0000
  • AED
  • 13.40
  • 3.5268
The Japanese Yen firmed after BOJ kept its policy rate unchanged at 0.75% while also hinting at a willingness to hike rates.
Fundamental News

EUR/USD

The Euro dropped slightly to $1.1714 as uncertainty surrounding the next round of US–Iran peace talks continues to support demand for the safe-haven US Dollar.

GBP/USD

The Pound Sterling held steady at $1.3530 as markets remain cautious on Bank of England expectations.

USD/JPY

The Japanese Yen firmed to $159.12 after BOJ kept its policy rate unchanged at 0.75% while also hinting at a willingness to hike rates.

AUD/USD

The Australian Dollar moved higher to $0.7183 ahead of the AUD inflation data by the Australian Bureau of Statistics due tomorrow morning.

USD/CAD

The Canadian dollar stood stronger at 1.3635 against the greenback with elevated oil prices still supporting the Loonie.

USD/ZAR

The South African rand weakened slightly to $16.55 as global risk sentiment turned more cautious.

USD/MUR

The dollar–rupee extended gains to 47.25 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

10:30 AM JPY BoJ Press Conference

12:00 PM EUR ECB Bank Lending Survey

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

5:00 PM USD Housing Price Index (MoM) (Feb)

6:00 PM USD Consumer Confidence (Apr)

9:30 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
1.1819
1.3644
160.24
16.83
R2
1.1788
1.3611
159.95
16.74
R1
1.1755
1.3572
159.68
16.64
PP
1.1724
1.3539
159.39
16.54
S1
1.1691
1.3500
159.12
16.44
S2
1.1660
1.3467
158.83
16.35
S3
1.1627
1.3428
158.56
16.25
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.