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Treasury

Daily Market Patrol

Market Patrol 17th July 2025 (1)

Out of difficulties grow miracles.

Jean de la Bruyere
Indicative Selling Rates
against MUR
USD
18 Jul 2025
  • AUD
  • 30.96
  • 0.6709
  • BWP
  • 3.36
  • 0.0729
  • CAD
  • 34.35
  • 1.3437
  • CNY
  • 6.63
  • 6.9642
  • DKK
  • 7.38
  • 6.2499
  • EUR
  • 53.87
  • 1.1673
  • HKD
  • 5.99
  • 7.7010
  • INR
  • 0.54
  • 84.7430
  • JPY
  • 32.02
  • 144.1240
  • KES
  • 36.75
  • 125.5776
  • NZD
  • 28.07
  • 0.6083
  • NOK
  • 4.58
  • 10.0736
  • SGD
  • 36.91
  • 1.2502
  • ZAR
  • 2.71
  • 17.0254
  • SEK
  • 4.83
  • 9.5459
  • CHF
  • 58.47
  • 1.2670
  • GBP
  • 62.21
  • 1.3479
  • USD
  • 46.15
  • 1.0000
  • AED
  • 13.10
  • 3.5242
The Aussie plummeted on poorer unemployment figure.
Fundamental News

EUR/USD
The Single currency weakened to $1.1580 as market participants brace for a series of European Core Harmonized Consumer Prices. 

GBP/USD
The Pound Sterling soared to $1.3382, underpinned by a slightly higher than expected British Average Earnings reading. 

USD/JPY

The Yen resumed it's losing streak at 148.65 against the greenback after a brief attempt to regain lost ground at 146.90 as Japanese Merchandise Trade Balance came at a deficit of ¥153.1 billion this morning.

AUD/USD
The Australian dollar descended to $0.6474, dragged by underwhelming domestic unemployment figures.

USD/CAD
The Loonie traded lower at 1.3727 against the greenback despite U.S. Producer Price Indices missed expectations across all counts. 

USD/ZAR
The South African Rand oscillated at 17.88 against the U.S. Dollar on trimmed domestic economic calendar, and muted effects following weaker U.S. data. 

USD/MUR
The dollar- rupee was stable at 46.15(selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

13:00 EUR Core Harmonized Index of Consumer Prices 

16:30 USD Retail Sales 

18:00 USD Fed's Kugler speech 

20:45 USD Fed's Daly speech 

21:30 USD Fed's Cook 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
1.1881
1.3603
151.36
18.11
R2
1.1802
1.3545
150.28
18.03
R1
1.1721
1.3482
149.08
17.92
PP
1.1642
1.3424
148.00
17.84
S1
1.1561
1.3361
146.80
17.73
S2
1.1482
1.3303
145.72
17.66
S3
1.1401
1.3240
144.52
17.55
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.