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Treasury

Daily Market Patrol

Market Patrol 06 October 2025

Perseverance is failing 19 times and succeeding the 20th.

 

Julie Andrews
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 sank as Japan elected Sanae Takaichi, a market dove.
Fundamental News

EUR/USD

The Single currency was stable at $1.1714 near Friday's levels as traders brace for EU Retail Sales figures and a series of European Central Bank speakers. 


GBP/USD

The Pound Sterling languished at $1.3440 after visiting a high of $1.3485 as the domestic economic calendar remained trimmed, while the governor of the Bank of England, Andrew Bailey, is set to speak in the afternoon. 


USD/JPY

The yen went into freefall, reaching a two-month low at 150.25 against the greenback, undermined by the election of  Sanae Takaichi as leader of Japan's ruling Liberal Democratic Party, considered to be a "fiscal dove" by the market. 


AUD/USD

The Australian dollar edged higher at $0.6603, supported by the TD-MI Inflation Gauge figure, which improved by 0.2% compared to the previous reading.


USD/CAD

The Loonie eased to 1.3950 against the greenback, unfazed by a recovery in oil prices, and deprived of other local fundamentals. 


USD/ZAR
The rand was slightly up at 17.25 against the U.S. Dollar, buoyed by higher gold prices and a positive PMI number indicating an improved private sector activity in South Africa. 


USD/MUR

The dollar-rupee was unchanged at 45.78 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:15 EUR ECB De Guindos speech 

12:00 EUR ECB Lane speech 

12:30 EUR Sentix Investor Confidence 

13:00 EUR Retail Sales 

21:00 EUR ECB Lagarde speech 

21:30 EUR BoE Governor Bailey speech

 

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
1.3566
148.57
17.42
R2
1.1784
1.3526
148.20
17.37
R1
1.1763
1.3502
147.84
17.30
PP
1.1738
1.3462
147.47
17.23
S1
1.1717
1.3438
147.11
17.22
S2
1.1692
1.3398
146.74
17.18
S3
1.1671
1.3374
146.38
17.05
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.