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Treasury

Daily Market Patrol

Market Patrol 12th August 2025

The flame that burns twice as bright burns half as long.

Lao Tzu
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
Market participants look to U.S. CPI data for fresh impetus.
Fundamental News

EUR/USD
The Euro dropped to $1.1610 after Italian inflation dipped below ECB target.

GBP/USD
The Pound Sterling jumped to $1.3440 from a low of $1.3420 this morning as Claimant Count Change data printed negative, which is viewed as positive for the economy.

USD/JPY
The Japanese Yen retreated to 148.35 against the greenback as investors await U.S. CPI data for fresh impetus.

AUD/USD
The Australian dollar registered a new low for the week at $0.6496 as the Reserve Bank of Australia delivered its widely expected 25 basis point rate cut and remained subdued at $0.6502 amid China deflation concerns.

USD/CAD
The Canadian dollar was down at 1.3776 against its U.S. counterpart but found support as Oil prices recovered on the back of the U.S.-China tariff truce extension of 90 days.

USD/ZAR
The South African rand was weaker at 17.75 in the morning session as better-than-expected domestic manufacturing data failed to offset trade concerns, with the country scrambling to secure a lower tariff rate on its exports to the United States.

USD/MUR
The dollar-rupee gained 25 cents to 46.08(selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

13:00 EUR German ZEW Survey – Current Situation

13:00 EUR German ZEW Survey – Economic Sentiment

13:00 EUR Eurozone ZEW Survey – Economic Sentiment

16:30 USD Consumer Price Index

16:30 USD Consumer Price Index ex Food & Energy

18:00 USD Fed's Barkin speech

18:30 USD Fed's Schmid speech

22:00 USD Monthly Budget Statement

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
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
1.1752
1.3550
149.38
17.89
R2
1.1715
1.3513
148.81
17.84
R1
1.1665
1.3473
148.48
17.80
PP
1.1628
1.3436
147.91
17.75
S1
1.1578
1.3396
147.58
17.70
S2
1.1541
1.3359
147.01
17.65
S3
1.1491
1.3319
146.68
17.61
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.