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Treasury

Daily Market Patrol

Market Patrol 19 January 2022

It’s not what we do once in a while that shapes our lives. It’s what we do consistently

Tony Robbins
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 USD/MUR soared on U.S dollar strength across the board.
Fundamental News

EUR/USD
The Shared currency dived to $1.1330 on Tuesday, its sharpest daily drop in a month against a resurgent U.S. dollar, after Two-year U.S. Treasury yields, which track short term interest rate expectation, rose above 1% for the first time since the start of the pandemic. German inflation data and U.S. housing numbers eyed.

 

GBP/USD
The Pound Sterling tumbled to $1.3605 ahead of U.K. C.P.I. and U.k. Prime Minister Johnson's question time in Parliament.

 

USD/JPY
The Japanese yen meandered around 114.30 versus the greenback as safe-haven yen demand outweighed dovish B.O.J. vibes.

 

AUD/USD
The Aussie dollar lost ground to $0.7189 after Australian data showed that the Westpac Consumer Sentiment index contracted in January.

 

USD/CAD
The Loonie darted higher to 1.2505 against the U.S. dollar on multi-year high oil prices, Canadian C.P.I. eyed.

 

USD/ZAR
South African rand weakened to 15.52 per U.S. dollar on concerns over S.A.'s economic outlook due to its fiscal, political, and structural shortcomings, as well as uncertainty around the COVID-19 pandemic.

 

USD/MUR
The dollar-rupee surged to 43.70 (Selling) on the local market, as leaping yields buttress the U.S. dollar ahead of the Federal Reserve meeting next week.

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 - GBP - CPI (YoY)(Dec)

17:30 - USD - Building Permits

17:30 - CAD - Core CPI (MoM) (Dec)

18:15 - BoE Bailey Speaks

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.