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Treasury

Daily Market Patrol

Market Patrol 14 August 2026

If you always do what you’ve always done, you’ll always get what you’ve always got.

Henry Ford
Indicative Selling Rates
against MUR
USD
14 Aug 2026
  • AUD
  • 35.08
  • 0.7336
  • BWP
  • 3.85
  • 0.0805
  • CAD
  • 35.75
  • 1.3376
  • CNY
  • 7.48
  • 6.3930
  • DKK
  • 7.71
  • 6.2023
  • EUR
  • 55.17
  • 1.1537
  • HKD
  • 6.31
  • 7.5784
  • INR
  • 0.53
  • 91.0337
  • JPY
  • 30.01
  • 159.3469
  • KES
  • 38.22
  • 125.1177
  • NZD
  • 29.14
  • 0.6094
  • NOK
  • 5.18
  • 9.2317
  • SGD
  • 38.45
  • 1.2437
  • ZAR
  • 3.11
  • 15.3762
  • SEK
  • 5.18
  • 9.2317
  • CHF
  • 58.78
  • 1.2292
  • GBP
  • 64.54
  • 1.3496
  • USD
  • 47.82
  • 1.0000
  • AED
  • 13.42
  • 3.5633
The Euro gained as receding Fed hike bets weigh on the US Dollar.
Fundamental News

EUR/USD

The Euro gained few pips to $1.1540 as receding Fed hike bets weigh on the US Dollar, while geopolitical risks cap upside for the EUR/USD pair.

GBP/USD

The British Pound stayed broadly supported near $1.35 after UK GDP rose 0.4% in June, reinforcing expectations that the Bank of England could still hike rates later this year.

USD/JPY

The Japanese Yen held steady around $159.30 as expectations of further BoJ tightening supported the currency and contributed to capping spot prices.

AUD/USD

The Australian Dollar got a slight boost at $0.7060 after assistant Governor Kent said further hikes remain possible if inflation risks re-emerge.

USD/CAD

The USD/CAD pair traded largely flat around $1.3920, caught between a softer USD following weaker-than-expected U.S. inflation data and falling oil prices weighing on the commodity-linked Loonie.

USD/ZAR

The South African rand hovered at $16.2050 on the last trading session as investors assessed the weaker-than-expected domestic mining production data.

USD/MUR

The Dollar–Rupee weakened slightly to 47.82 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

10:45 AM EUR Consumer Price Index (EU norm) (YoY) (Jul)

2:00 PM EUR Employment Change (QoQ) (Q2) Prel

2:00 PM EUR Gross Domestic Product s.a. (QoQ) (Q2) Prel

2:00 PM EUR Gross Domestic Product s.a. (YoY) (Q2) Prel

4:30 PM USD Retail Sales (MoM) (Jul)

4:30 PM USD Retail Sales Control Group (Jul)

4:30 PM USD Retail Sales ex Autos (MoM) (Jul)

6:00 PM USD Michigan Consumer Sentiment Index (Aug) Prel

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
1.1577
1.3545
160.22
16.33
R2
1.1561
1.3528
159.89
16.27
R1
1.1543
1.3506
159.68
16.22
PP
1.1527
1.3490
159.34
16.18
S1
1.1509
1.3467
159.13
16.12
S2
1.1493
1.3451
158.80
16.07
S3
1.1476
1.3429
158.59
16.02
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.