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Daily Market Patrol

Market Patrol 09 April 2026

Your strength doesn't come from winning. It comes from struggles and hardship. Everything that you go through prepares you for the next level.  

Germany Kent
Indicative Selling Rates
against MUR
USD
09 Apr 2026
  • AUD
  • 34.62
  • 0.7361
  • BWP
  • 3.44
  • 0.0732
  • CAD
  • 35.61
  • 1.3206
  • CNY
  • 7.31
  • 6.4332
  • DKK
  • 7.69
  • 6.1140
  • EUR
  • 55.14
  • 1.1725
  • HKD
  • 6.22
  • 7.5580
  • INR
  • 0.54
  • 87.7257
  • JPY
  • 31.23
  • 150.6155
  • KES
  • 37.64
  • 124.9573
  • NZD
  • 28.74
  • 0.6111
  • NOK
  • 5.11
  • 9.2056
  • SGD
  • 38.31
  • 1.2277
  • ZAR
  • 3.03
  • 15.5268
  • SEK
  • 5.28
  • 8.9029
  • CHF
  • 61.71
  • 1.3121
  • GBP
  • 63.33
  • 1.3466
  • USD
  • 47.03
  • 1.0000
  • AED
  • 13.34
  • 3.5259
The South African Rand descended as the ceasefire announcement quelled weeks of market turbulence, driving oil prices under $100 per barrel and lifting markets in net energy-importing nations like South Africa.
Fundamental News

EUR/USD

The Euro lost ground to the U.S Dollar to 1.1663 amid doubts over the stability of the two-week US–Iran ceasefire.

 GBP/USD

The Pound sterling consolidated to $1.3397 as continued Israeli attacks on Lebanon reignite concerns about instability in the Middle East.

USD/JPY

The Japanese Yen retracted to $158.82 despite a lack of Japanese economic releases for the rest of this week shifting focus to this afternoon's U.S Personal Consumption Expenditures data and tomorrow's U.S Consumer Price Index.

AUD/USD

The Australian Dollar traded lower at 0.7042 against the greenback remaining vulnerable to changes in geopolitical events.

USD/CAD

The Canadian Dollar dipped to $1.3856 demonstrating restrained movement in response to oil prices, as overarching U.S Dollar trends dictate market direction.

USD/ZAR

The South African Rand descended to $16.4303 as the ceasefire announcement quelled weeks of market turbulence, driving oil prices under $100 per barrel and lifting markets in net energy-importing nations like South Africa.

USD/MUR

The Dollar-Rupee climbed to 47.03 (selling) this morning. 

Fundamental & Technical Data
Economic Indicators-Local Time

4:30 PM USD Core Personal Consumption Expenditures - Price Index (MoM) (Feb)

4:30 PM USD Core Personal Consumption Expenditures - Price Index (YoY) (Feb)

4:30 PM USD Core Personal Consumption Expenditures (QoQ) (Q4)

4:30 PM USD Gross Domestic Product Annualized (Q4)

4:30 PM USD Gross Domestic Product Price Index (Q4)

4:30 PM USD Initial Jobless Claims

4:30 PM USD Personal Consumption Expenditures - Price Index (MoM) (Feb)

4:30 PM USD Personal Consumption Expenditures - Price Index (YoY) (Feb)

4:30 PM USD Personal Consumption Expenditures Prices (QoQ) (Q4)

4:30 PM USD Personal Income (MoM) (Feb)

4:30 PM USD Personal Spending (Feb)

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
1.1861
1.3691
161.46
16.55
R2
1.1792
1.3588
160.60
16.51
R1
1.1727
1.3492
159.59
16.47
PP
1.1658
1.3389
158.73
16.43
S1
1.1593
1.3293
157.72
16.39
S2
1.1524
1.3190
156.86
16.35
S3
1.1459
1.3094
155.85
16.31
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.