MOP Market Update
28 Mar 2026 • 01:20 GMT
The Macanese Pataca (MOP) has seen limited movement against the US dollar, trading near its 14-day low of approximately 0.1239. This level is slightly below its recent 3-month average, reflecting the broader strength of the USD amid a riski aversion in markets. The USD has gained support from a cautious mood and positive updates on US inflation, with markets awaiting comments from Federal Reserve speakers that could influence dollar direction.
Meanwhile, the MOP has remained relatively stable against other major currencies. It is slightly above its 3-month average against the euro, trading around 0.1073. The currency also strengthened modestly against the GBP and JPY, reaching near 7-day highs of approximately 0.0934 and 19.86, respectively—about 1.3% and 1.8% above their three-month averages. Against the Canadian dollar and Swiss franc, the MOP is near 60-day highs, trading around 0.1723 and 0.0990, further indicating broad stability with minor upward momentum in regional pairs.
These movements follow general US dollar strength and local developments, including Macau’s economic recovery and the peg to HKD influenced by Chinese yuan trends. Investors should continue monitoring regional policy updates and external factors that could influence the MOP’s performance in the near term.
