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Treasury

Daily Market Patrol

Market Patrol 01 October 2025

To begin, begin.

William Wordsworth
Indicative Selling Rates
against MUR
USD
10 Oct 2025
  • AUD
  • 31.66
  • 0.6893
  • BWP
  • 3.36
  • 0.0732
  • CAD
  • 33.68
  • 1.3636
  • CNY
  • 6.83
  • 6.7275
  • DKK
  • 7.32
  • 6.2780
  • EUR
  • 53.38
  • 1.1622
  • HKD
  • 6.12
  • 7.5016
  • INR
  • 0.55
  • 84.2190
  • JPY
  • 31.67
  • 145.0236
  • KES
  • 36.87
  • 124.5780
  • NZD
  • 27.33
  • 0.5950
  • NOK
  • 4.68
  • 9.8080
  • SGD
  • 36.78
  • 1.2487
  • ZAR
  • 2.80
  • 16.3759
  • SEK
  • 4.96
  • 9.2654
  • CHF
  • 59.23
  • 1.2895
  • GBP
  • 61.41
  • 1.3370
  • USD
  • 45.93
  • 1.0000
  • AED
  • 13.04
  • 3.5227
The Greenback slipped on concerns of a potential U.S. Government shutdown.
Fundamental News

EUR/USD

The Single currency soared to $1.1760 as the greenback weakened over poorer consumer confidence and the potential of a government shutdown in the U.S. 


GBP/USD

The Pound Sterling progressed to $1.3460 ahead of the Bank of England's Mann speech expected in the afternoon.


USD/JPY

The Japanese yen jumped to 147.54 against the U.S. dollar, shrugging off a series of underwhelming domestic Manufacturing figures in favour of expectations that the Bank of Japan will maintain its monetary policy normalisation plans. 


AUD/USD

The Australian dollar dipped to $0.6600 after visiting a high of $0.6625 as the AiG Industry Index in Australia printed a negative reading, lower than the previous release. 


USD/CAD

The Canadian dollar was little changed at 1.3912 against the greenback amid mixed fundamentals as Bank of Canada Governor, Tiff Macklem, mentioned on Tuesday of his willingness to support economic growth. Meanwhile, crude oil, which is one of the country's main exports, failed to attract buyers.


USD/ZAR
The South African rand remained stuck in a rut at 17.25. A Reuters report stated that data from the Reserve Bank of South Africa, the revenue service agency, and the National Treasury were mixed. 


USD/MUR

The dollar-rupee retracted to 46.03 this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:15 EUR Spanish Manufacturing PMI

11:30 EUR ECB Elderson Speech 

11:45 EUR Italian Manufacturing PMI

11:50 EUR France Manufacturing PMI 

13:00 EUR Core Harmonized Index of Consumer Prices 

13:55 GBP BoE Mann Speech

16:15 USD ADP Employment Change 

17:30 CAD S&P Global PMI

18:00 USD ISM Manufacturing PMI 

21:30 CAD BoC Summary of Deliberations

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
01-Oct-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
R3
1.1809
1.3524
149.84
17.39
R2
1.1786
1.3495
148.35
17.35
R1
1.1759
1.3471
148.64
17.30
PP
1.1736
1.3442
148.15
17.24
S1
1.1709
1.3418
147.44
17.22
S2
1.1686
1.3389
146.95
17.18
S3
1.1669
1.3365
146.24
17.14
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.