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Treasury

Daily Market Patrol

Market Patrol 12 November 2025

The will to succeed is important, but what's more important is the will to prepare.

Bobby Knight
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 was undermined as traders increasingly eye Fed easing.
Fundamental News

EUR/USD
The Euro remained on the front foot around $1.1577 in the morning session amid a cautious tone surrounding the European Central Bank policy outlook.

GBP/USD
The Pound Sterling retreated to $1.3136, battered by downbeat U.K. labour data.

USD/JPY
The Japanese Yen weakened to 154.65 against the greenback amid expectations of greater fiscal largesse in Japan and a delayed BoJ rate hike.

AUD/USD
The Australian dollar recouped its lost ground to trade at $0.6533 after RBA Deputy Governor Andrew Hauser said that the bank's best estimate was that monetary policy remained restrictive.

USD/CAD
The Canadian dollar gained ground to trade at 1.4010 against its U.S. counterpart, supported by rebounding Oil prices.

USD/ZAR
The South African rand was stable in early trade on Wednesday at 17.15 against the U.S. dollar, before a mid-year review of public finances that is widely expected to contain positive news for investors.

USD/MUR
The dollar-rupee lost 5 cents to trade at 46.30 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 EUR Harmonized Index of Consumer Prices

14:45 EUR ECB's Schnabel speech

15:40 EUR ECB's De Guindos speech

18:20 USD Fed's Williams speech

19:00 USD Fed's Paulson speech

19:20 USD Fed's Waller speech

21:15 USD Fed's Bostic speech

21:30 USD Fed's Miran speech

22:30 CAD BoC Summary of Deliberations

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
1.1669
1.3252
155.36
17.24
R2
1.1637
1.3218
154.93
17.21
R1
1.1610
1.3184
154.54
17.18
PP
1.1578
1.3150
154.11
17.15
S1
1.1551
1.3116
153.72
17.13
S2
1.1519
1.3082
153.29
17.10
S3
1.1492
1.3048
152.90
17.07
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.