Market Patrol 05 December 2025

"Challenges are what make life interesting and overcoming them is what makes life meaningful"

Joshua J. Marine

Indicative Selling Rates
against MUR
USD

05 Dec 2025

AUD
32.30
0.6939

BWP
3.47
0.0745

CAD
34.28
1.3578

CNY
6.96
6.6845

DKK
7.61
6.1159

EUR
54.50
1.1708

HKD
6.20
7.5074

INR
0.55
85.1125

JPY
31.62
147.2320

KES
37.28
124.8679

NZD
28.14
0.6044

NOK
4.81
9.6842

SGD
37.32
1.2472

ZAR
2.88
16.1864

SEK
5.18
8.9814

CHF
60.19
1.2930

GBP
62.35
1.3393

USD
46.55
1.0000

AED
13.21
3.5247

GBP/USD trades flat near 1.3330 ahead of the key US inflation report.

Fundamental News

EUR/USD
EUR/USD rebounds in the Asian session, holding in the mid-1.1600s despite upbeat US labor data published yesterday.

GBP/USD

GBP/USD trades flat near 1.3330 in Friday’s Asian session as traders remain cautious ahead of the key US inflation report.

USD/JPY

The Japanese Yen holds steady around 155.05 in Friday’s Asian session, with weak October household spending having little impact as expectations of an imminent BoJ rate hike continue to support the currency.

AUD/USD
AUD/USD holds steady above 0.6600 as a Reuters poll suggests the RBA will keep its cash rate at 3.60% next week and maintain it through 2026

USD/CAD
USD/CAD trades flat near 1.3950 as investors await November’s Canadian employment data, with the unemployment rate expected to rise to 7%.

USD/ZAR
The South African rand strengthened as the country’s Q3 2025 current account deficit narrowed to ZAR 57 billion from a revised ZAR 72.2 billion in Q2.

USD/MUR
The dollar–rupee pair edged up by 7 cents today, quoted at 46.55 on the offer side.

Fundamental & Technical Data

Economic Indicators-Local Time

11:00 AM EUR Factory Orders s.a. (MoM) (Oct)

2:00 PM EUR Gross Domestic Product s.a. (YoY) (Q3)

5:30 PM CAD Net Change in Employment (Nov)

7:00 PM USD Michigan Consumer Sentiment Index (Dec) Prel

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

1.1711

1.3435

156.63

17.19

1.1697

1.3410

156.08

17.13

1.1670

1.3369

155.60

17.06

1.1656

1.3344

155.05

17.00

1.1629

1.3303

154.57

16.93

1.1615

1.3278

154.02

16.87

1.1588

1.3237

153.54

16.80

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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