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Treasury

Daily Market Patrol

Market Patrol 17 January 2022

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Warren Buffet
Indicative Selling Rates
against MUR
USD
23 Dec 2024
  • AUD
  • 30.07
  • 0.6355
  • BWP
  • 3.51
  • 0.0742
  • CAD
  • 33.24
  • 1.4232
  • CNY
  • 6.68
  • 7.0797
  • DKK
  • 6.72
  • 7.0362
  • EUR
  • 49.65
  • 1.0494
  • HKD
  • 6.18
  • 7.6570
  • INR
  • 0.57
  • 83.7046
  • JPY
  • 31.01
  • 152.5601
  • KES
  • 37.32
  • 126.7783
  • NZD
  • 27.02
  • 0.5712
  • NOK
  • 4.28
  • 11.0662
  • SGD
  • 35.48
  • 1.3335
  • ZAR
  • 2.68
  • 17.6547
  • SEK
  • 4.36
  • 10.8593
  • CHF
  • 53.28
  • 1.1261
  • GBP
  • 59.82
  • 1.2645
  • USD
  • 47.31
  • 1.0000
  • AED
  • 13.18
  • 3.5893
The Shared currency pressured down to $1.1415 on a closed U.S markets and after ECB's President Christine Lagarde comments.
Fundamental News

EUR/USD
The Shared currency turned negative to $1.1415 after President Christine Lagarde reiterated that monetary accommodation is still needed for inflation to settle at the 2% target over the medium term.

 

GBP/USD
The Cable tumbled to $1.3676 despite a solid UK GDP growth rate in November and a good rebound in manufacturing activity amid a banking holiday in the U.S. due to Martin Luther King's Birthday.

 

USD/JPY
The Japanese yen slipped to 114.48 versus the greenback on the back of a strong U.S. Treasury yields unbothered by firmer economic data from Japan.

 

AUD/USD
The Aussie dollar dived to $0.7206 after the People Bank of China cut borrowing costs for medium-term loans for the first time since April 2020.

 

USD/CAD
The Loonie weakened to 1.2542 against the U.S. dollar, giving back some of last week's gains, as the greenback broadly rebounded despite weaker-than-expected U.S. retail sales.

 

USD/ZAR
The South African rand ticked down to 15.41 against the greenback as global markets, with banking, financials, mining and industrials losing much of their gains on Friday.

 

USD/MUR
The dollar-rupee stayed put at 43.62 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

14:00 - EUR - Eurogroup Meetings 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
0.00%-0.25%
16-Mar-2020
26-Jan-2022
European Central Bank
0.00%
10-Mar-2016
03-Feb-2022
Bank of England
0.25%
16-Dec-2021
03-Feb-2022
Bank of Japan
-0.10%
28-Jan-2016
18-Jan-2022
Reserve Bank of Australia
0.10%
03-Nov-2020
05-Jan-2022
S.Africa Reserve Bank
3.50%
23-Jul-2020
27-Jan-2022
Reserve Bank of India
4.00%
22-May-2020
12-Jan-2022
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
1.1550
1.3822
115.27
15.77
R2
1.1517
1.3782
114.77
15.66
R1
1.1466
1.3732
114.49
15.48
PP
1.1433
1.3692
113.99
15.37
S1
1.1382
1.3642
113.71
15.16
S2
1.1349
1.3602
113.21
15.04
S3
1.1298
1.3552
112.93
14.86
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.