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Treasury

Daily Market Patrol

Market Patrol 15th August 2025

Perseverance is failing 19 times and succeeding the 20th.

Julie Andrews
Indicative Selling Rates
against MUR
USD
15 Aug 2025
  • AUD
  • 30.89
  • 0.6710
  • BWP
  • 3.33
  • 0.0723
  • CAD
  • 34.28
  • 1.3432
  • CNY
  • 6.70
  • 6.8757
  • DKK
  • 7.39
  • 6.2275
  • EUR
  • 53.94
  • 1.1717
  • HKD
  • 6.02
  • 7.6464
  • INR
  • 0.54
  • 85.0082
  • JPY
  • 32.28
  • 142.6395
  • KES
  • 36.66
  • 125.5696
  • NZD
  • 28.03
  • 0.6088
  • NOK
  • 4.63
  • 9.9443
  • SGD
  • 36.88
  • 1.2484
  • ZAR
  • 2.75
  • 16.7147
  • SEK
  • 4.95
  • 9.2987
  • CHF
  • 58.13
  • 1.2626
  • GBP
  • 62.67
  • 1.3613
  • USD
  • 46.04
  • 1.0000
  • AED
  • 13.07
  • 3.5232
Attention turns to U.S. Retail Sales after hotter-than-expected U.S. PPI data lifted the greenback.
Fundamental News

EUR/USD
The Euro retreated to $1.1665 after strong U.S. producer inflation data dampened Federal Reserve easing bets; attention now shifts to U.S Retail Sales.

GBP/USD
The Pound Sterling surrendered some gains, undermined by a decline in local Total Business Investment data, to trade at $1.3545.

USD/JPY
The Japanese Yen erased some intraday losses to settle at 147.10 against the greenback following the release of Japan’s upbeat Q2 GDP print.

AUD/USD
The Australian dollar struggled around $0.6500 following disappointing key economic data from China, Australia’s major trading partner.

USD/CAD
The Canadian dollar limited its losses around 1.3800 against its U.S. counterpart ahead of the Trump-Putin summit.

USD/ZAR
The South African rand weakened to 17.56 against the USD after a bigger-than-expected increase in U.S. producer prices reduced the odds of a super-sized September Federal Reserve rate cut.

USD/MUR
The dollar-rupee increased by 20 cents to 46.04 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

16:30 USD NY Empire State Manufacturing Index

16:30 USD Retail Sales

16:30 USD Retail Sales Control Group

17:15 USD Capacity Utilization

17:15 USD Industrial Production

18:00 USD Business Inventories

18:00 USD Michigan Consumer Expectations Index

18:00 USD Michigan Consumer Sentiment Index

18:00 USD UoM 1-year Consumer Inflation Expectations

18:00 USD UoM 5-year Consumer Inflation Expectation

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
1.1785
1.3650
150.14
17.86
R2
1.1750
1.3623
149.05
17.77
R1
1.1700
1.3576
148.40
17.68
PP
1.1665
1.3549
147.31
17.58
S1
1.1615
1.3502
146.66
17.49
S2
1.1580
1.3475
145.57
17.39
S3
1.1530
1.3428
144.92
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 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.