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Treasury

Daily Market Patrol

Market Patrol 30th July 2025

Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for. We are the change that we seek.

Barack Obama
Indicative Selling Rates
against MUR
USD
30 Jul 2025
  • AUD
  • 31.33
  • 0.6716
  • BWP
  • 3.46
  • 0.0741
  • CAD
  • 34.69
  • 1.3449
  • CNY
  • 6.70
  • 6.9604
  • DKK
  • 7.42
  • 6.2869
  • EUR
  • 54.15
  • 1.1608
  • HKD
  • 6.06
  • 7.7033
  • INR
  • 0.55
  • 84.6923
  • JPY
  • 32.49
  • 143.5617
  • KES
  • 37.14
  • 125.6133
  • NZD
  • 28.57
  • 0.6124
  • NOK
  • 4.67
  • 9.9937
  • SGD
  • 37.26
  • 1.2522
  • ZAR
  • 2.73
  • 17.0709
  • SEK
  • 4.94
  • 9.4524
  • CHF
  • 58.99
  • 1.2644
  • GBP
  • 62.59
  • 1.3416
  • USD
  • 46.65
  • 1.0000
  • AED
  • 13.23
  • 3.5249
The Australian Dollar doused as domestic inflation cooled.
Fundamental News

EUR/USD
The Euro was down at $1.1550 ahead of a slew of economic figures, including German Retail Sales, and GDP numbers due today. 

GBP/USD
The Pound Sterling sank to a low at $1.3304 but recovered to $1.3355, ending a 4-day losing streak as markets prepare for U.S. Federal Reserve's interest rate decision and FOMC minutes. 

USD/JPY
The Yen licked its wounds at 148.05 against the greenback on a trimmed Japanese economic calendar. 

AUD/USD
The Australian dollar dipped further to $0.6510 on softer domestic inflation figures. 

USD/CAD
The Loonie lost ground to 1.3765 against the greenback ahead of Bank of Canada's interest rate decision due this afternoon.

USD/ZAR
The Rand initially regressed to 17.99, and then climbed to 17.84 against the U.S. Dollar as the Johannesburg Stock Exchange Top-40 index gained 0.4%. 

USD/MUR
The dollar-rupee was up at 46.65(selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

12:00 EUR German GDP

12:00 EUR Italian GDP

13:00 EUR Eurozone GDP 

16:15 USD ADP Employment Change 

16:30 USD GDP 

17:45 CAD BoC Interest Rate Decision 

18:00 USD Pending Home Sales 

18:30 CAD BoC Press Conference 

22:00 USD Fed Interest Rate Decision 

22:00 USD Fed Monetary Policy Statement 

22:30 USD FOMC Press Conference 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.5%
29-Jan-2025
30-Jul-2025
European Central Bank
2.00%
24-Jun-2025
11-Sep-2025
Bank of England
4.25%
08-May-2025
07-Aug-2025
Bank of Japan
0.5%
24-Jan-2025
31-Jul-2025
Reserve Bank of Australia
3.85%
20-May-2025
12-Aug-2025
S.Africa Reserve Bank
7.25%
30-Jan-2025
31-Jul-2025
Reserve Bank of India
5.5%
06-Jun-2025
07-Aug-2025
Bank of Mauritius
4.50%
04-Feb-2025
13-Aug-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
R3
1.1670
1.3436
149.45
18.07
R2
1.1634
1.3402
149.13
18.03
R1
1.1590
1.3376
148.80
17.97
PP
1.1554
1.3342
148.48
17.86
S1
1.1510
1.3316
148.15
17.83
S2
1.1474
1.3282
147.83
17.78
S3
1.1430
1.3256
147.50
17.70
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
Chart posted on 21.01.2025
Weekly Market Update by Allan Juste
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.