Market Patrol 08 December 2025

A leader is one who knows the way, goes the way, and shows the way.

John C. Maxwell

Indicative Selling Rates
against MUR
USD

03 Feb 2026

AUD
34.01
0.7333

BWP
3.52
0.0759

CAD
35.59
1.3030

CNY
7.11
6.5191

DKK
7.68
6.0353

EUR
55.03
1.1868

HKD
6.16
7.5336

INR
0.54
85.6425

JPY
31.44
147.5004

KES
37.22
124.5714

NZD
29.29
0.6316

NOK
4.99
9.2851

SGD
37.91
1.2230

ZAR
3.04
15.2697

SEK
5.43
8.5426

CHF
61.85
1.3339

GBP
63.78
1.3755

USD
46.37
1.0000

AED
13.16
3.5242

EUR/USD trades modestly higher around 1.1645 while markets await German Industrial Production and Eurozone Sentix Investor Confidence

Fundamental News

EUR/USD
EUR/USD trades modestly higher around 1.1645 supported by expectations of a possible Fed rate cut on Wednesday, while markets await German Industrial Production and Eurozone Sentix Investor Confidence data later today.

GBP/USD

The GBP/USD pair edged up toward 1.3340, supported by the UK Budget boost and ongoing USD softness.

USD/JPY

The Japanese Yen stays firm against the USD at around 155.10 amid growing expectations of a more hawkish stance from the Bank of Japan.

AUD/USD
AUD/USD extends gains around 0.6647 after Chinese data showed a wider November trade surplus driven by surging exports.

USD/CAD
The loonie strengthened to 1.3822 after robust Canadian employment data which reduced expectations of a Bank of Canada interest rate cut ahead of Wednesday’s policy announcement.

USD/ZAR
The South African Rand firmed to 16.92 against the greenback boosted by positive developments within the country.

USD/MUR
The dollar-rupee stayed put at 46.55 (selling) this morning.

Fundamental & Technical Data

Economic Indicators-Local Time

11:00 AM EUR Industrial Production s.a. (MoM) (Oct)

1:30 PM EUR Sentix Investor Confidence (Dec)

6:30 PM GBP BoE's Taylor speech

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

1.1712

1.3403

156.94

17.07

1.1692

1.3382

156.21

17.03

1.1668

1.3357

155.80

16.98

1.1648

1.3336

155.07

16.94

1.1624

1.3311

154.66

16.88

1.1604

1.3290

153.93

16.84

1.1580

1.3265

153.52

16.79

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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