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Daily Market Patrol

Market Patrol 11th August 2025

I don't believe you have to be better than everybody else. I believe you have to be better than you ever thought you could be.

Ken Venturi
Indicative Selling Rates
against MUR
USD
29 Aug 2025
  • AUD
  • 31.27
  • 0.6745
  • BWP
  • 3.30
  • 0.0711
  • CAD
  • 34.64
  • 1.3385
  • CNY
  • 6.88
  • 6.7348
  • DKK
  • 7.44
  • 6.2271
  • EUR
  • 54.34
  • 1.1722
  • HKD
  • 6.09
  • 7.6115
  • INR
  • 0.54
  • 85.1918
  • JPY
  • 32.56
  • 142.3882
  • KES
  • 36.91
  • 125.5927
  • NZD
  • 28.07
  • 0.6056
  • NOK
  • 4.72
  • 9.8186
  • SGD
  • 37.12
  • 1.2488
  • ZAR
  • 2.75
  • 16.8393
  • SEK
  • 5.03
  • 9.2253
  • CHF
  • 58.83
  • 1.2691
  • GBP
  • 62.90
  • 1.3568
  • USD
  • 46.36
  • 1.0000
  • AED
  • 13.16
  • 3.5241
Major currencies gained ground against a lackluster U.S. dollar with no major macroeconomic event in sight for the day.
Fundamental News

EUR/USD
The Euro has lifted itself back above $1.1660 in the morning session with no major macroeconomic event in sight for the day.

GBP/USD
The Pound Sterling edged up to $1.3466 as markets see the latest Bank of England hawkish cut as the last for the current calendar year.

USD/JPY
The Japanese Yen retraced some of its losses to settle at 147.50 against the greenback amid relatively thin trading volumes on the back of a holiday in Japan today.

AUD/USD
The Australian dollar remained subdued at $0.6524 amid persisting concerns about China’s deflation. Market participants will now turn their attention to the Reserve Bank of Australia's interest rate decision due on Tuesday.

USD/CAD
The Canadian dollar was little changed at 1.3751 against its U.S. counterpart despite Oil prices falling ahead of U.S.-Russia talks on Ukraine.

USD/ZAR
The South African rand kept gaining, reaching 17.91 against the U.S. dollar, as investors awaited details of President Cyril Ramaphosa's telephone call with U.S. President Donald Trump on bilateral trade.

USD/MUR
The dollar-rupee shed 3 cents to 45.83(selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

12:00 EUR Italian Consumer Price Index

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.5%
30-Jul-2025
16-Sep-2025
European Central Bank
2.00%
24-Jun-2025
11-Sep-2025
Bank of England
4.00%
07-Aug-2025
18-Sep-2025
Bank of Japan
0.5%
30-Jul-2025
18-Sep-2025
Reserve Bank of Australia
3.85%
20-May-2025
12-Aug-2025
S.Africa Reserve Bank
7.0%
31-Jul-2025
18-Sep-2025
Reserve Bank of India
5.5%
06-Jun-2025
01-Oct-2025
Bank of Mauritius
4.50%
04-Feb-2025
13-Aug-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
1.1721
1.3508
149.36
17.85392
R2
1.1700
1.3483
148.63
17.80594
R1
1.1671
1.3467
148.18
17.77663
PP
1.1650
1.3442
147.45
17.72866
S1
1.1621
1.3426
147.00
17.69935
S2
1.1600
1.3401
146.27
17.65137
S3
1.1571
1.3385
145.82
17.62207
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.