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Treasury

Daily Market Patrol

Market Patrol 15 October 2025

The contest for ages has been to rescue liberty from the grasp of executive power.

 

Daniel Webster
Indicative Selling Rates
against MUR
USD
17 Oct 2025
  • AUD
  • 30.94
  • 0.6804
  • BWP
  • 3.32
  • 0.0730
  • CAD
  • 33.31
  • 1.3652
  • CNY
  • 6.76
  • 6.7224
  • DKK
  • 7.33
  • 6.2032
  • EUR
  • 53.51
  • 1.1767
  • HKD
  • 6.07
  • 7.4856
  • INR
  • 0.55
  • 83.3257
  • JPY
  • 31.92
  • 142.4435
  • KES
  • 36.51
  • 124.5353
  • NZD
  • 26.98
  • 0.5933
  • NOK
  • 4.64
  • 9.7952
  • SGD
  • 36.60
  • 1.2424
  • ZAR
  • 2.75
  • 16.5066
  • SEK
  • 4.97
  • 9.1453
  • CHF
  • 59.80
  • 1.3151
  • GBP
  • 61.46
  • 1.3517
  • USD
  • 45.47
  • 1.0000
  • AED
  • 12.91
  • 3.5214
The U.S. Dollar buckled on dovish Fed Chair comments.
Fundamental News

EUR/USD

The Euro emerged to $1.1620 following a speech by the Federal Reserve's chair, Jerome Powell, during which he mentioned a sharp slowdown in hiring in the U.S., thus cementing his commitment to cut rates later this month. 


GBP/USD

The Pound Sterling propelled to $1.3360 despite a dovish remark by the Bank of England's governor, Andrew Bailey, saying that the current labour market in the U.K. is showing signs of softening. 


USD/JPY

The Japanese Yen extended gains to 151.07 against the U.S. Dollar on sustained safe-haven demand, and an enduring expectation that monetary policies in the two economies would diverge.  


AUD/USD

The Australian dollar advanced to $0.6520 as the Reserve Bank of Australia's assistant governor, Sarah Hunter, expressed concerns about the recent domestic data, and added that inflation was likely stronger than forecasted. 


USD/CAD

The Loonie crawled higher at 1.4027 against the greenback, ignoring a drop in oil prices amidst slim Canadian statistics. 


USD/ZAR

The Rand recovered to 17.29 against the U.S. Dollar after falling sharply on Wednesday due to disappointing South African mining production numbers. 


USD/MUR

The dollar-rupee slipped to 45.82 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

10:45 EUR French CPI

11:00 EUR Spanish Harmonized Index of Consumer Prices

11:40 EUR ECB De Guindos speech

12:00 GBP BoE Ramsden speech 

13:00 EUR Industrial Production 

16:30 USD NY Empire State Manufacturing Index 

17:30 USD Fed's Miran speech 

19:45 GBP BoE Breeden speech 

20:30 USD Fed's Miran speech 

21:00 USD Fed's Waller speech 

21:35 USD Fed's Schmid speech 

22:00 EUR ECB De Guindos speech 

22:00 GBP BoE Breeden speech 

22:00 USD Fed's Beige Book

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.25%
16-Sep-2025
28-Oct-2025
European Central Bank
2.00%
24-Jun-2025
30-Oct-2025
Bank of England
4.00%
07-Aug-2025
06-Nov-2025
Bank of Japan
0.5%
30-Jul-2025
30-Oct-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
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
1.1706
1.3470
153.43
17.69
R2
1.1660
1.3411
153.02
17.59
R1
1.1634
1.3366
152.42
17.48
PP
1.1588
1.3307
152.01
17.31
S1
1.1562
1.3262
151.41
17.28
S2
1.1516
1.3203
151.00
17.18
S3
1.1490
1.3158
150.40
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 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.