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Treasury

Daily Market Patrol

Market Patrol 17 October 2025

Ever tried. Ever failed. No matter. Try Again. Fail again. Fail better.

 

Samuel Beckett
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 Single currency soared as French politics stabilized.
Fundamental News

EUR/USD

The Single currency was on a winning streak at $1.1716, as the government in France successfully passed a no-confidence vote, while the European Central Bank member, Edward Scicluma said on Thursday that the central bank must not rush further interest rate cuts. 


GBP/USD

The Cable climbed to $1.3454 amid a broadly weaker U.S. dollar, unfazed by domestic fiscal concerns. 


USD/JPY

The Japanese Yen jumped to 149.83 against the greenback, underpinned by a rise in safe haven demands following further strain in the U.S.-China trade relations, and it's potential headwind on the global economy. 


AUD/USD

The Australian dollar dipped to $0.6472 on the lack of domestic data. 


USD/CAD

The Loonie was oscillating at 1.4040 against the greenback, stuck by both a losing U.S. Dollar, and a fall in oil prices, which is a Canadian main export. 


USD/ZAR

The South African Rand was stable at 17.34 against the U.S. Dollar as risks to emerging markets following the current trade tensions, and U.S. shutdown has been cushioned by a rise in gold prices. 


USD/MUR

The dollar-rupee was trading lower at 45.47 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

13:00 EUR Core Harmonized Index of Consumer Prices

13:35 GBP BoE Pill speech 

15:00 GBP BoE Greene speech

16:45 EUR ECB Nagel speech 

17:15 USD Industrial Production

20:25 USD Fed Musalem 

20:30 GBP BoE Breeden speech

 

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
1.1757
1.3525
152.35
17.48
R2
1.1726
1.3490
151.87
17.42
R1
1.1706
1.3462
151.16
17.38
PP
1.1675
1.3427
150.68
17.35
S1
1.1655
1.3399
149.97
17.33
S2
1.1624
1.3364
149.49
17.28
S3
1.1604
1.3336
148.78
17.22
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.