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Treasury

Daily Market Patrol

Market Patrol 11 November 2025

True words aren't eloquent; eloquent words aren't true. Wise men don't need to prove their point; men who need to prove their point aren't wise.

 

Lao Tzu
Indicative Selling Rates
against MUR
USD
13 Nov 2025
  • AUD
  • 31.84
  • 0.6884
  • BWP
  • 3.38
  • 0.0732
  • CAD
  • 33.94
  • 1.3627
  • CNY
  • 6.89
  • 6.7110
  • DKK
  • 7.37
  • 6.2720
  • EUR
  • 53.83
  • 1.1639
  • HKD
  • 6.17
  • 7.4926
  • INR
  • 0.55
  • 84.1868
  • JPY
  • 31.46
  • 147.0216
  • KES
  • 37.13
  • 124.5606
  • NZD
  • 27.44
  • 0.5932
  • NOK
  • 4.71
  • 9.8270
  • SGD
  • 36.94
  • 1.2520
  • ZAR
  • 2.84
  • 16.2655
  • SEK
  • 5.03
  • 9.1890
  • CHF
  • 60.14
  • 1.3004
  • GBP
  • 60.98
  • 1.3184
  • USD
  • 46.25
  • 1.0000
  • AED
  • 13.13
  • 3.5237
The Greenback wobbled as U.S. shutdown resolution came into view.
Fundamental News

EUR/USD
The Euro remained flat around $1.1560 in the morning session ahead of German/Eurozone ZEW Survey data.

GBP/USD
The Pound Sterling steadied at $1.3170 ahead of U.K. labour data, which may reinforce the expectations that the Bank of England will cut interest rates at its December meeting.

USD/JPY
The Japanese Yen pulled back to 154.24 from its highest level in 9 months at 154.50 against the greenback, amid fears of FX intervention by Japanese authorities.

AUD/USD
The Australian dollar erased some of yesterday's gains to trade at $0.6521, despite the Aussie Westpac Consumer Confidence surging.

USD/CAD
The Canadian dollar ceded some ground to the U.S. dollar this morning, trading at 1.4033 against its U.S. counterpart, as a resolution to the U.S. shutdown came into view.

USD/ZAR
The South African rand surged to 17.15 against the USD amid a strong Gold rebound.

USD/MUR
The dollar-rupee edged up 2 cents to trade at 46.35 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 GBP Average Earnings Excluding Bonus

11:00 GBP Claimant Count Change

11:00 GBP ILO Unemployment Rate

12:20 EUR ECB's President Lagarde speech

12:30 EUR ECB's Sleijpen speech

12:30 GBP BoE's Greene speech

14:00 EUR German ZEW Survey – Current Situation

14:00 EUR German ZEW Survey – Economic Sentiment

14:00 EUR Eurozone ZEW Survey – Economic Sentiment

17:15 USD ADP Employment Change 4-week average

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
06-Nov-2025
Bank of Japan
0.5%
30-Jul-2025
19-Dec-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
05-Dec-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
1.1622
1.3252
155.22
17.49
R2
1.1602
1.3222
154.74
17.41
R1
1.1580
1.3198
154.43
17.28
PP
1.1560
1.3168
153.95
17.20
S1
1.1538
1.3144
153.64
17.08
S2
1.1518
1.3114
153.16
17.00
S3
1.1496
1.3090
152.85
16.87
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.