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Treasury

Daily Market Patrol

Market Patrol 03 October 2025

It’s not whether you get knocked down, it’s whether you get up.

 

Vince Lombardi
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 Yen sapped as Japanese unemployment rate missed expectations.
Fundamental News

EUR/USD

The Single currency slipped to $1.1715 partly due to a weaker unemployment rate figure for the Euro Zone released yesterday. 


GBP/USD

The Pound Sterling plummeted to $1.3432 as U.K.'s economic data docket lacked meaningful statistics and market participants await Bank of England governor's address in the afternoon.


USD/JPY

The yen was on the backfoot at 147.77 against the U.S. Dollar, undermined by an underwhelming jobs-to- applicant ratio, and a worrying unemployment rate in Japan. 


AUD/USD

The Australian dollar dipped to $0.6590 despite the global composite PMI, published domestically, outperforming expectations by 0.4. 


USD/CAD

The Canadian dollar extended losses to 1.3963 against the greenback as traders weighed the possibility of further rate cuts by the Bank of Canada. On the U.S. front, non-farm payroll, which traditionally rolls out every first Friday of the month, has been cancelled due to the U.S. government shutdown. 


USD/ZAR
The South African rand softened to 17.29 against the U.S. dollar as attention is geared towards the renewal of AGOA, a flagship U.S.-Africa trade agreement, due to expire next Tuesday. 


USD/MUR

The dollar-rupee climbed to 45.78 this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:15 EUR Spanish Services PMI

11:55 EUR German HCOB Services PMI

13:00 EUR PPI

13:30 EUR ECB Sleijpen speech

13:40 EUR ECB Lagarde speech 

14:05 USD Fed William speech 

17:20 GBP BoE Governor Bailey speech 

18:00 USD ISM Services PMI

 

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
1.1832
1.3611
148.57
17.54
R2
1.1796
1.3561
148.05
17.44
R1
1.1756
1.3501
147.65
17.36
PP
1.1720
1.3451
147.13
17.29
S1
1.1680
1.3391
146.73
17.27
S2
1.1644
1.3341
146.21
17.19
S3
1.1604
1.3281
145.81
17.09
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.