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Treasury

Daily Market Patrol

Market Patrol 6 January 2026

 Success is the sum of small efforts -repeated day in and day out.

Robert Collier
Indicative Selling Rates
against MUR
USD
07 Jan 2026
  • AUD
  • 33.24
  • 0.7082
  • BWP
  • 3.50
  • 0.0746
  • CAD
  • 34.91
  • 1.3447
  • CNY
  • 7.10
  • 6.6121
  • DKK
  • 7.70
  • 6.0990
  • EUR
  • 55.16
  • 1.1751
  • HKD
  • 6.25
  • 7.5132
  • INR
  • 0.55
  • 85.3289
  • JPY
  • 31.59
  • 148.5924
  • KES
  • 37.68
  • 124.5755
  • NZD
  • 28.46
  • 0.6063
  • NOK
  • 4.87
  • 9.6313
  • SGD
  • 38.05
  • 1.2335
  • ZAR
  • 3.01
  • 15.6172
  • SEK
  • 5.34
  • 8.7840
  • CHF
  • 61.29
  • 1.3058
  • GBP
  • 63.71
  • 1.3573
  • USD
  • 46.94
  • 1.0000
  • AED
  • 13.31
  • 3.5259
Fundamental News

EUR/USD

The euro strengthened on Tuesday, trading around 1.1735 helped by expectations that European interest rates will remain steady and by a weaker USD.

GBP/USD

The pound sterling paused its recent hike to trade around $ 1.3550 as cautious sentiment and geopolitical uncertainty weigh on risk appetite, while divergent BoE policy expectations continue to support the pair.

USD/JPY

The Japanese yen strengthened on expectations of BoJ tightening and potential intervention, while risk-on sentiment maintained USD/JPY above the 156.00 level.

AUD/USD

The AUD traded higher above 0.6700 with focus turning to Wednesday's Australian CPI for RBA policy cues.

USD/CAD

USDCAD rises to 1.3760, supported by improved sentiment around Canadian oil demand and a weaker U.S. ISM manufacturing PMI.

USD/ZAR

The South African rand held steady, currently trading at $16.33 as investors weighed rising geopolitical tensions following U.S. military action in Venezuela, boosting safe-haven demand.

USD/MUR

The dollar–rupee pair dropped by 20 cents today, quoted at 46.75 on the offer side.



Fundamental & Technical Data
Economic Indicators-Local Time

11:45 AM EUR Consumer Price Index (EU norm) (YoY) (Dec) Prel

12:15 PM EUR ECB's Cipollone speech

12:15 PM EUR HCOB Services PMI (Dec)

12:55 PM EUR HCOB Composite PMI (Dec)

5:00 PM EUR Consumer Price Index (MoM) (Dec) Prel

5:00 PM EUR Consumer Price Index (YoY) (Dec) Prel

5:00 PM EUR Harmonized Index of Consumer Prices (YoY) (Dec) Prel

6:45 PM USD S&P Global Composite PMI (Dec)

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
1.1818
1.3724
158.27
16.67
R2
1.1773
1.3637
157.79
16.60
R1
1.1748
1.3589
157.09
16.48
PP
1.1703
1.3502
156.61
16.42
S1
1.1678
1.3454
155.91
16.30
S2
1.1633
1.3367
155.43
16.23
S3
1.1608
1.3319
154.73
16.11
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.