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Treasury

Daily Market Patrol

Market Patrol 7 January 202

Do not let what you cannot do interfere with what you can do.

John Wooden
Indicative Selling Rates
against MUR
USD
08 Jan 2026
  • AUD
  • 33.07
  • 0.7032
  • BWP
  • 3.52
  • 0.0749
  • CAD
  • 34.85
  • 1.3496
  • CNY
  • 7.11
  • 6.6129
  • DKK
  • 7.70
  • 6.1069
  • EUR
  • 55.20
  • 1.1737
  • HKD
  • 6.26
  • 7.5138
  • INR
  • 0.55
  • 85.2246
  • JPY
  • 31.62
  • 148.7420
  • KES
  • 37.74
  • 124.6302
  • NZD
  • 28.43
  • 0.6045
  • NOK
  • 4.86
  • 9.6691
  • SGD
  • 38.05
  • 1.2360
  • ZAR
  • 2.99
  • 15.7133
  • SEK
  • 5.36
  • 8.7734
  • CHF
  • 61.24
  • 1.3022
  • GBP
  • 63.62
  • 1.3528
  • USD
  • 47.03
  • 1.0000
  • AED
  • 13.34
  • 3.5262
Fundamental News

EUR/USD

The euro fell against the US dollar at 1.1690 as Europe’s economy showed signs of slowing, outweighing mixed US data and softer comments from the Fed.

GBP/USD

The pound sterling is steady around 1.3510 as UK budget worries ease and the Bank of England stays cautious on rate cuts.c

USD/JPY

The yen stayed weak around 156.60 due to fiscal worries and a positive market mood, but policy differences with the US helped limit losses.

AUD/USD

The Australian dollar rose against the USD at 0.6760, even as inflation slowed. Markets are now watching the next inflation report, which could lead to a February rate hike.

USD/CAD

USDCAD is above 1.38 following lower oil prices.

USD/ZAR

The South African rand softened to trade around $16.35 after an S&P Global survey showed that the country's business activity contracted sharply in December.

USD/MUR

The dollar–rupee pair climbed by 19 cents today, quoted at 46.94 on the offer side. 



Fundamental & Technical Data
Economic Indicators-Local Time

11:00 AM EUR Retail Sales (MoM) (Nov)

11:00 AM EUR Retail Sales (YoY) (Nov)

12:55 PM EUR Unemployment Change (Nov)

2:00 PM EUR Core Harmonized Index of Consumer Prices (MoM) (Dec) Prel

2:00 PM EUR Core Harmonized Index of Consumer Prices (YoY) (Dec) Prel

2:00 PM EUR Harmonized Index of Consumer Prices (MoM) (Dec) Prel

2:00 PM EUR Harmonized Index of Consumer Prices (YoY) (Dec) Prel

2:00 PM EUR Consumer Price Index (EU Norm) (YoY) (Dec) Prel

5:15 PM USD ADP Employment Change (Dec)

7:00 PM USD ISM Services PMI (Dec)

7:00 PM USD ISM Services Prices Paid (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
1.1785
1.3625
157.57
16.49
R2
1.1764
1.3597
157.18
16.45
R1
1.1726
1.3549
156.93
16.35
PP
1.1705
1.3521
156.54
16.35
S1
1.1667
1.3473
156.29
16.30
S2
1.1646
1.3445
155.90
16.25
S3
1.1608
1.3397
155.65
16.20
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.