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Treasury

Daily Market Patrol

Market Patrol 17 December 2025

Do what you can with what you have, where you are.


 

Theodore Rooosevelt
Indicative Selling Rates
against MUR
USD
17 Dec 2025
  • AUD
  • 32.27
  • 0.6940
  • BWP
  • 3.45
  • 0.0743
  • CAD
  • 34.68
  • 1.3408
  • CNY
  • 6.98
  • 6.6609
  • DKK
  • 7.65
  • 6.0781
  • EUR
  • 54.81
  • 1.1786
  • HKD
  • 6.20
  • 7.5021
  • INR
  • 0.54
  • 85.7062
  • JPY
  • 31.58
  • 147.2510
  • KES
  • 37.44
  • 124.2094
  • NZD
  • 28.17
  • 0.6058
  • NOK
  • 4.76
  • 9.7670
  • SGD
  • 37.40
  • 1.2433
  • ZAR
  • 2.91
  • 15.9858
  • SEK
  • 5.23
  • 8.8858
  • CHF
  • 60.66
  • 1.3045
  • GBP
  • 62.59
  • 1.3460
  • USD
  • 46.50
  • 1.0000
  • AED
  • 13.19
  • 3.5246
USD Firm, EUR Pressured While JPY, AUD and GBP Trade Mixed
Fundamental News

EUR/USD

The EUR slips to near 1.1730 as USD demand rises, though losses may be capped as markets expect the ECB to keep rates unchanged at 2% at Thursday’s meeting.

GBP/USD

The pound sterling outperformed, trading at $1.3400 after employment data showed UK wage growth exceeded expectations, while labour demand remained weak in the three months to October.

USD/JPY

The Japanese Yen shed some gains and is trading at $155.10, as investors look for cues on whether the Bank of Japan will raise interest rates at the end of a two-day policy meeting on Friday. 

AUD/USD

The Australian dollar softens to 0.6615 despite growing market caution over a potential RBA rate hike as early as February 2026.

USD/CAD

USD/CAD rises above 1.3750 after stronger U.S. November jobs data.

USD/ZAR

The South African rand strengthened to 16.75 per dollar, supported by higher gold prices, as investors await consumer and producer inflation data later this week.

USD/MUR

The dollar–rupee rose by 13 cents this morning, reaching a selling price of 46.50.




Fundamental & Technical Data
Economic Indicators-Local Time

11:00 AM GBP Consumer Price Index (MoM) (Nov)

11:00 AM GBP Consumer Price Index (YoY) (Nov)

11:00 AM GBP Core Consumer Price Index (YoY) (Nov)

1:00 PM EUR IFO – Current Assessment (Dec)

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.0%
28-Oct-2025
09-Dec-2025
European Central Bank
2.00%
24-Jun-2025
18-Dec-2025
Bank of England
4.00%
07-Aug-2025
18-Dec-2025
Bank of Japan
0.5%
30-Jul-2025
19-Dec-2025
Reserve Bank of Australia
3.6%
20-May-2025
09-Dec-2025
S.Africa Reserve Bank
6.75%
20-Nov-2025
29-Jan-2026
Reserve Bank of India
5.5%
06-Jun-2025
05-Dec-2025
Bank of Mauritius
4.50%
04-Feb-2025
18-Dec-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
1.1858
1.3568
156.18
16.91
R2
1.1831
1.3512
155.76
16.87
R1
1.1789
1.3467
155.24
16.81
PP
1.1762
1.3411
154.82
16.76
S1
1.1720
1.3366
154.30
16.71
S2
1.1693
1.3310
153.88
16.70
S3
1.1651
1.3265
153.36
16.66
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 Devisha Ramsurrun
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.