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Treasury

Daily Market Patrol

Market Patrol 15th July 2025

Things do not happen. Things are made to happen.

John F. Kennedy
Indicative Selling Rates
against MUR
USD
21 Jul 2025
  • AUD
  • 31.00
  • 0.6717
  • BWP
  • 3.41
  • 0.0738
  • CAD
  • 34.43
  • 1.3403
  • CNY
  • 6.63
  • 6.9622
  • DKK
  • 7.39
  • 6.2447
  • EUR
  • 53.93
  • 1.1685
  • HKD
  • 5.99
  • 7.7010
  • INR
  • 0.55
  • 83.7807
  • JPY
  • 32.09
  • 143.7955
  • KES
  • 36.75
  • 125.5776
  • NZD
  • 28.22
  • 0.6116
  • NOK
  • 4.63
  • 9.9662
  • SGD
  • 36.93
  • 1.2495
  • ZAR
  • 2.73
  • 16.9249
  • SEK
  • 4.87
  • 9.4829
  • CHF
  • 58.65
  • 1.2709
  • GBP
  • 62.23
  • 1.3484
  • USD
  • 46.15
  • 1.0000
  • AED
  • 13.10
  • 3.5234
The Yen retracted on domestic political woes, U.S CPI eyed for today
Fundamental News

EUR/USD
The Euro recovered to $1.1681 ahead of Industrial Production figures expected later today.

GBP/USD
The Pound Sterling slipped $1.3438 as traders shift focus to U.S. Inflation figures to be released this afternoon.

USD/JPY

The Yen retreated to 147.57 against the greenback as the current coalition government in Japan faces the threat of losing its majority.

AUD/USD
The Australian dollar was steady at $0.6552 as Chinese data published this morning were mixed, with GDP exceeding expectations whilst Retail Sales falling short.

USD/CAD
The Loonie was slightly up at 1.3687 against the U.S. Dollar ahead of Canadian June inflation data.

USD/ZAR
The South African Rand climbed to 17.86 against the U.S. Dollar despite data published Monday showed an 80% reduction in cars export to the U.S., highlighting the effect of tariffs and therefore possibly acting as a headwind to the currency.

USD/MUR
The dollar- rupee gained to 45.89(selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 EUR Harmonized Index of Consumer Prices 

13:00 EUR German ZEW Survey 

13:00 EUR Eurozone Industrial Production

16:30 CAD BoC CPI 

16:30 USD CPI

17:15 USD Fed's Bowman speech 

20\;15 USD Fed's Barr speech 

22:45 USD Fed's Collins speech

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.5%
29-Jan-2025
30-Jul-2025
European Central Bank
2.00%
05-Jun-2025
24-Jul-2025
Bank of England
4.25%
08-May-2025
07-Aug-2025
Bank of Japan
0.5%
24-Jan-2025
31-Jul-2025
Reserve Bank of Australia
3.85%
20-May-2025
12-Aug-2025
S.Africa Reserve Bank
7.25%
30-Jan-2025
31-Jul-2025
Reserve Bank of India
5.5%
06-Jun-2025
07-Aug-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
1.1734
1.3572
148.97
18.10
R2
1.1716
1.3542
148.38
18.03
R1
1.1691
1.3484
148.05
17.97
PP
1.1673
1.3454
147.46
17.88
S1
1.1648
1.3396
147.13
17.83
S2
1.1630
1.3366
146.54
17.76
S3
1.1605
1.3308
146.21
17.70
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 Vincent Seneque
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.