Market Patrol 29 October 2025

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Indicative Selling Rates
against MUR
USD

29 Oct 2025

AUD
31.82
0.6922

BWP
3.40
0.0741

CAD
33.89
1.3563

CNY
6.85
6.7066

DKK
7.36
6.2455

EUR
53.72
1.1688

HKD
6.13
7.4919

INR
0.55
83.7231

JPY
31.82
144.4242

KES
36.89
124.5808

NZD
27.47
0.5977

NOK
4.72
9.7417

SGD
36.89
1.2459

ZAR
2.81
16.3304

SEK
5.03
9.1339

CHF
60.12
1.3081

GBP
61.19
1.3313

USD
45.96
1.0000

AED
13.05
3.5228

The Pound Sterling plummeted over concerns of a productivity cut in the U.K.

Fundamental News

EUR/USD

The Single currency sapped to $1.1625 ahead of the U.S. Interest Rate decision due tonight.

GBP/USD

The Pound Sterling sank to $1.3228 on news of the U.K. Office for Budget Responsibility's plan to cut productivity by 0.3%, raising concerns of a widening fiscal hole in the country.

USD/JPY

The Yen slipped to 152.36 against the U.S. Dollar ahead of the central banks' showdown in both countries.

AUD/USD

The Australian dollar jumped to $0.6602, underpinned by this morning's positive inflation readings.

USD/CAD

The Canadian Dollar climbed to 1.3939 against the greenback after U.S. Consumer Confidence fell in October. The Bank of Canada's monetary policy decision is in focus today.

USD/ZAR

The Rand soared to 17.14 against the U.S. Dollar in a knee-jerk reaction to South Africa's exit from the global financial crime grey list.

USD/MUR
The dollar-rupee was up at 45.96 (selling) this morning.

Fundamental & Technical Data

Economic Indicators-Local Time

12:00 EUR Spanish GDP

13:00 CHF ZEW Survey

17:45 CAD BoC Interest Rate Decision

18:30 CAD BoC Press Conference

22:00 USD Fed Interest Rate Decision

22:30 USD FOMC Press Conference

Central Bank Interest Rates

Last Change

New Meeting

Federal Bank of U.S

4.25%

16-Sep-2025

28-Oct-2025

European Central Bank

2.00%

24-Jun-2025

30-Oct-2025

Bank of England

4.00%

07-Aug-2025

06-Nov-2025

Bank of Japan

0.5%

30-Jul-2025

30-Oct-2025

Reserve Bank of Australia

3.6%

20-May-2025

04-Nov-2025

S.Africa Reserve Bank

7.0%

31-Jul-2025

20-Nov-2025

Reserve Bank of India

5.5%

06-Jun-2025

05-Dec-2025

Bank of Mauritius

4.50%

04-Feb-2025

12-Nov-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

1.1716

1.3467

153.89

17.40

1.1692

1.3419

153.40

17.34

1.1672

1.3345

152.75

17.25

1.1648

1.3297

152.26

17.15

1.1628

1.3223

151.61

17.09

1.1604

1.3175

151.12

17.04

1.1584

1.3101

150.47

16.94

Technical Analysis - Forex Charts

EUR/USD Outlook- A setback is anticipated following the recent rally to $1.1566 in April 2025

Chart updated on 26.05.2023

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

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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.

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