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Daily Market Patrol

Market Patrol 11th September 2025

Nothing will work unless you do

Maya Angelou
Indicative Selling Rates
against MUR
USD
11 Sep 2025
  • AUD
  • 31.37
  • 0.6817
  • BWP
  • 3.78
  • 0.0821
  • CAD
  • 34.09
  • 1.3498
  • CNY
  • 6.84
  • 6.7251
  • DKK
  • 7.41
  • 6.2096
  • EUR
  • 54.08
  • 1.1753
  • HKD
  • 6.05
  • 7.6091
  • INR
  • 0.54
  • 85.5997
  • JPY
  • 32.21
  • 142.8432
  • KES
  • 36.64
  • 125.5674
  • NZD
  • 28.07
  • 0.6101
  • NOK
  • 4.75
  • 9.6798
  • SGD
  • 36.86
  • 1.2483
  • ZAR
  • 2.77
  • 16.6322
  • SEK
  • 5.06
  • 9.0930
  • CHF
  • 58.66
  • 1.2750
  • GBP
  • 62.53
  • 1.3591
  • USD
  • 46.01
  • 1.0000
  • AED
  • 13.06
  • 3.5230
Markets are prepared for high volatility ahead of major economic data due today.
Fundamental News

EUR/USD

The Shared Currency traded flat at $1.1695 ahead of the European Central Bank’s interest rate decision due later today.

GBP/USD

The Pound Sterling remained silent at $1.3522 after the United Kingdom's Housing Price Balance dropped to -19% in August.

USD/JPY

The yen unruffled at 147.45 against the U.S. dollar ahead of U.S Inflation data and U.S initial jobless claims due today.

AUD/USD
The Australian dollar seesawed at $0.6607 on rising expectations that the RBA will keep policy unchanged in September.

USD/CAD

The Loonie slipped to 1.3875 against the U.S. dollar, weighed down by expectations that the Bank of Canada will resume its easing cycle this month following last week’s disappointing domestic jobs data.

USD/ZAR
The South African rand unfazed at 17.49 against the greenback as markets are awaiting local manufacturing data.

USD/MUR
The dollar-rupee inched up to 46.01 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

15.00 ZAR Manufacturing Production data

16.15 EUR ECB Interest Rate Decision

16.30 USD Initial Jobless Claims

16.30 USD Core CPI 

16.45 EUR ECB Press Conference

 

 

 

 

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
3.6%
20-May-2025
30-Sep-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
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
1.1770
1.3604
148.18
17.92
R2
1.1751
1.3582
147.91
17.85
R1
1.1722
1.3556
147.69
17.75
PP
1.1703
1.3534
147.42
17.71
S1
1.1674
1.3508
147.20
17.66
S2
1.1655
1.3486
146.93
17.59
S3
1.1626
1.3460
146.71
17.30
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 Keshav Anghraj Callychurn
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.