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Treasury

Daily Market Patrol

Market Patrol 27 December 2021

Accepting losses is the most important single investment device to ensure the safety of capital

Gerald M. Loeb
Indicative Selling Rates
against MUR
USD
20 Dec 2024
  • AUD
  • 30.10
  • 0.6322
  • BWP
  • 3.54
  • 0.0745
  • CAD
  • 33.29
  • 1.4301
  • CNY
  • 6.72
  • 7.0815
  • DKK
  • 6.71
  • 7.0904
  • EUR
  • 49.58
  • 1.0414
  • HKD
  • 6.22
  • 7.6568
  • INR
  • 0.57
  • 83.7507
  • JPY
  • 31.08
  • 153.1735
  • KES
  • 37.41
  • 127.2757
  • NZD
  • 27.03
  • 0.5677
  • NOK
  • 4.24
  • 11.2216
  • SGD
  • 35.54
  • 1.3396
  • ZAR
  • 2.68
  • 17.7715
  • SEK
  • 4.37
  • 10.8960
  • CHF
  • 53.34
  • 1.1203
  • GBP
  • 59.72
  • 1.2543
  • USD
  • 47.61
  • 1.0000
  • AED
  • 13.26
  • 3.5895
The dollar-rupee slipped by 15 cents following intervention from the BoM
Fundamental News

EUR/USD
The Shared currency held steady at $1.1315 amid holiday-thinned markets and growing Omicron concerns.

 

GBP/USD
The Cable stayed put at $ 1.3409 as UK Covid infections refresh record top and PM Johnson may unveil new activity restrictions for London.

 

USD/JPY
The Japanese yen stayed sluggish above at 114.15 against the U.S dollar unfazed by better than expected Japan Retail Sales.

 

AUD/USD
The Aussie dollar ticked down to $0.7234 on a closed market due to Christmas holiday.

 

USD/CAD
The Loonie retreated modestly to 1.2815 against the greenback on falling crude oil prices.

 

USD/ZAR
South African rand extended gains to 15.54 per U.S dollar after fresh data showing that the first country to identify the Omicron variant of Covid-19 may soon put its latest infection wave behind it.

 

USD/MUR
The dollar-rupee slipped by 15 cents to 43.55(selling) following intervention from the Bank of Mauritius.

Fundamental & Technical Data
Economic Indicators-Local Time

 

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00%-0.25%
16-Mar-2020
-
European Central Bank
0.00%
10-Mar-2016
16-Dec-2021
Bank of England
0.25%
16-Dec-2021
-
Bank of Japan
-0.10%
28-Jan-2016
17-Dec-2021
Reserve Bank of Australia
0.10%
03-Nov-2020
05-Jan-2022
S.Africa Reserve Bank
3.50%
23-Jul-2020
-
Reserve Bank of India
4.00%
22-May-2020
-
Bank of Mauritius
1.85%
16-Apr-2020
-
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
1.1520
1.3520
114.97
16.26
R2
1.1440
1.3470
114.46
16.13
R1
1.1378
1.3410
114.21
15.94
PP
1.1341
1.3374
114.00
15.67
S1
1.1309
1.3290
113.80
15.43
S2
1.1272
1.3230
113.50
15.21
S3
1.1240
1.3170
113.00
14.85
Technical Analysis - Forex Charts
The dollar Index extends its intense rebound near one year high
Chart updated on 30.09.2021
GBPUSD riding wave C after completion of triangular retracement of wave B
Chart posted on 30.09.2021
Weekly Market Update by Reshma Peerun Rajwani
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.