Market Patrol 02 December 2025

The secret of getting ahead is getting started.

Mark Twain

Indicative Selling Rates
against MUR
USD

02 Dec 2025

AUD
32.01
0.6872

BWP
3.44
0.0739

CAD
34.19
1.3622

CNY
6.96
6.6881

DKK
7.59
6.1358

EUR
54.34
1.1666

HKD
6.20
7.5110

INR
0.55
85.2053

JPY
31.53
147.7235

KES
37.27
124.9640

NZD
27.97
0.6005

NOK
4.80
9.7058

SGD
37.32
1.2482

ZAR
2.86
16.2883

SEK
5.17
9.0112

CHF
60.16
1.2916

GBP
61.86
1.3281

USD
46.58
1.0000

AED
13.21
3.5248

USDCAD climbs to 1.40 despite dovish Fed expectations.

Fundamental News

EUR/USD
The Euro edges up to 1.1610 with weaker U.S Manufacturing PMI data bolstering speculation of a Fed rate cut later in the month.

GBP/USD
The Pound sterling falls to 1.3215 against the U.S dollar pressured by concerns over the UK government’s budget difficulties.

USD/JPY
The Japanese yen holds unchanged around 155.60, cushioned by expectations of a more hawkish BoJ stance.

AUD/USD
The Australian dollar is holding near 0.6550 as markets await the release of Q3 GDP data due tomorrow morning.

USD/CAD
USDCAD climbs to 1.40 despite dovish Fed expectations.

USD/ZAR
The South African rand gains to 17.10 against the greenback amid USD weakness and firmer precious-metal markets.

USD/MUR
The USD edged 4 cents lower against the MUR today, trading at 46.58 on the offer side.

Fundamental & Technical Data

Economic Indicators-Local Time

11:00 AM GBP Financial Stability Report

2:00 PM EUR Core Harmonized Index of Consumer Prices (MoM) (Nov) Prel

2:00 PM EUR Unemployment Rate (Oct)

Central Bank Interest Rates

Last Change

New Meeting

Federal Bank of U.S

4.0%

28-Oct-2025

09-Dec-2025

European Central Bank

2.00%

24-Jun-2025

18-Dec-2025

Bank of England

4.00%

07-Aug-2025

18-Dec-2025

Bank of Japan

0.5%

30-Jul-2025

19-Dec-2025

Reserve Bank of Australia

3.6%

20-May-2025

09-Dec-2025

S.Africa Reserve Bank

6.75%

20-Nov-2025

29-Jan-2026

Reserve Bank of India

5.5%

06-Jun-2025

05-Dec-2025

Bank of Mauritius

4.50%

04-Feb-2025

18-Dec-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

1.1706

1.3326

157.71

17.24

1.1679

1.3301

156.93

17.20

1.1644

1.3257

156.21

17.14

1.1617

1.3232

155.43

17.10

1.1582

1.3188

154.71

17.04

1.1555

1.3163

153.93

17.00

1.1520

1.3119

153.21

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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