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Daily Market Patrol

Market Patrol 11 December 2025

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David Rockwell
Indicative Selling Rates
against MUR
USD
12 Dec 2025
  • AUD
  • 32.39
  • 0.6984
  • BWP
  • 3.44
  • 0.0742
  • CAD
  • 34.58
  • 1.3409
  • CNY
  • 6.95
  • 6.6697
  • DKK
  • 7.63
  • 6.0737
  • EUR
  • 54.67
  • 1.1790
  • HKD
  • 6.18
  • 7.5063
  • INR
  • 0.54
  • 85.6915
  • JPY
  • 31.37
  • 147.7976
  • KES
  • 37.25
  • 124.4780
  • NZD
  • 28.24
  • 0.6089
  • NOK
  • 4.81
  • 9.6446
  • SGD
  • 37.31
  • 1.2428
  • ZAR
  • 2.88
  • 16.0778
  • SEK
  • 5.25
  • 8.8304
  • CHF
  • 60.59
  • 1.3067
  • GBP
  • 62.39
  • 1.3455
  • USD
  • 46.37
  • 1.0000
  • AED
  • 13.16
  • 3.5242
The U.S Federal Reserve announced yesterday its widely expected quarter-point interest rate cut.
Fundamental News

EUR/USD

The Euro rose to 1.1688 after the U.S Federal Reserve announced yesterday its widely expected quarter-point interest rate cut.

GBP/USD

The pound sterling edged up to 1.3360, though expectations of Bank of England rate cuts may ultimately weigh on the currency and push it lower against the US dollar.

USD/JPY

The Japanese Yen ticked up to 155.5 as the market is now actively pricing in the possibility of a BoJ rate hike as early as next week.

AUD/USD
The Australian dollar was little changed at 0.6640 following mixed Australian jobs data.

USD/CAD
The Canadian dollar eased back toward 1.3815 per U.S. dollar after the Bank of Canada left its policy rate unchanged yesterday and refrained from endorsing market expectations for rate hikes as early as mid-next year.

USD/ZAR
The South African trades positively around 16.97 as South African retail sales grew by 2.9% year on year in October.

USD/MUR
The dollar-rupee trades at 46.50 (selling) following BOM intervention.




Fundamental & Technical Data
Economic Indicators-Local Time

12:30 PM CHF SNB Interest Rate Decision

1:50 PM GBP BoE's Governor Bailey speech

5:30 PM USD Initial Jobless Claims

 

 

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
R3
1.1802
1.3509
157.86
17.17
R2
1.1751
1.3449
157.40
17.11
R1
1.1724
1.3416
156.72
17.02
PP
1.1673
1.3356
156.26
16.96
S1
1.1646
1.3323
155.58
16.87
S2
1.1595
1.3263
155.12
16.81
S3
1.1568
1.3230
154.44
16.71
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 Devisha Ramsurrun
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.