Market Patrol 15th September 2025

You never fail until you stop trying,

Albert Einstein

Indicative Selling Rates
against MUR
USD

15 Sep 2025

AUD
32.12
0.6992

BWP
3.34
0.0727

CAD
34.13
1.3462

CNY
6.83
6.7242

DKK
7.42
6.1898

EUR
54.16
1.1790

HKD
6.13
7.4958

INR
0.54
85.5987

JPY
32.18
142.7707

KES
36.59
125.5623

NZD
28.15
0.6128

NOK
4.79
9.5999

SGD
36.86
1.2463

ZAR
2.78
16.5181

SEK
5.07
9.0664

CHF
58.76
1.2790

GBP
62.63
1.3632

USD
45.94
1.0000

AED
13.04
3.5236

Markets stuck in a rut ahead of key economic data this week.

Fundamental News

EUR/USD

The Single Currency plopped at $1.1730 after ratings agency Fitch downgraded France's credit rating amid political turmoil.

The Pound Sterling held steady at $1.3555 as data showed that U.K. Gross Domestic Product stagnated in August.

USD/JPY

The yen stayed put at 147.48 as Japanese markets are closed today for a public holiday.

AUD/USD
The Australian dollar unfazed at $0.6660 undermined by a disappointing economic data from Australia’s close trading partner, China.

USD/CAD

The Canadian ran slowly to 1.3836 against the greenback ahead Canada’s Consumer Price Index to be released tomorrow.

USD/ZAR
The South African rand meandered to 17.36 vis-a-vis the greenback ahead of local Inflation data to be released this Wednesday.

USD/MUR
The dollar-rupee unchanged at 45.94 (selling) this morning.

Fundamental & Technical Data

Economic Indicators-Local Time

13.00 EUR Trade Balance

15.30 EUR ECB's Schnabel Speech

16.30 USD NY Empire State Manufacturing Index

16.30 CAD Wholesale Sales

22.30 EUR President Lagarde Speech.

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

30-Oct-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

1.1850

1.3695

149.13

17.70

1.1798

1.3639

148.66

17.63

1.1766

1.3606

147.94

17.49

1.1714

1.3550

147.47

17.36

1.1682

1.3517

146.75

17.32

1.1630

1.3461

146.28

17.28

1.1598

1.3428

145.56

17.21

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

Previous View Market Patrol Archives

Weekly Market Update by Devisha Ramsurrun

Listen

Speak to our team

Allan Juste

Head - Forex And Derivatives

+230 5251 4855

Email
Reshma Peerun Rajwani

Head – Treasury Sales

+230 403 5500

Email

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.

Treasury

Daily Market Patrol