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Treasury

Daily Market Patrol

Market Patrol 17th September 2025

For Success, attitude is equally as important as ability.

Harry F. Banks
Indicative Selling Rates
against MUR
USD
17 Sep 2025
  • AUD
  • 31.87
  • 0.7008
  • BWP
  • 3.29
  • 0.0724
  • CAD
  • 33.99
  • 1.3379
  • CNY
  • 6.78
  • 6.7094
  • DKK
  • 7.42
  • 6.1277
  • EUR
  • 54.16
  • 1.1909
  • HKD
  • 6.07
  • 7.4972
  • INR
  • 0.53
  • 85.0902
  • JPY
  • 32.04
  • 141.9282
  • KES
  • 36.26
  • 125.4338
  • NZD
  • 27.94
  • 0.6144
  • NOK
  • 4.77
  • 9.5258
  • SGD
  • 36.65
  • 1.2409
  • ZAR
  • 2.75
  • 16.5105
  • SEK
  • 5.06
  • 8.9847
  • CHF
  • 58.85
  • 1.2941
  • GBP
  • 62.34
  • 1.3708
  • USD
  • 45.48
  • 1.0000
  • AED
  • 12.92
  • 3.5214
The Shared currency roared to $1.1856 ahead of Fed
Fundamental News

EUR/USD

The Single Currency roared to $1.1856 as markets widely expects an interest rate cut by the Federal Reserve later today. 

GBP/USD

The Pound Sterling hopped to $1.3645, unbothered by an unchanged U.K. Inflation data.

USD/JPY

The yen climbed to 146.47 against the U.S. dollar as data showed the country’s trade balance shrank less than feared in August, with exports also falling less than expected as a recent trade deal with the U.S. offered some clarity.

AUD/USD
The Australian dollar stuck in a mundane to $0.6672 after an upbeat U.S. Retail sales data.

USD/CAD

The Canadian incremented to 1.3750 against the greenback ahead of Canada Interest Rate Decision.

USD/ZAR
The South African rand yoyoed within familiar territory at 17.36 vis-à-vis the greenback ahead of local inflation data due today.

USD/MUR
The dollar-rupee fell by 23 cents to 45.48 this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

12.00 ZAR Core CPI

13.00 EUR CPI

17.45 CAD BoC Interest Rate Decison

22.00 USD Fed Interest Rate Decision.

 

 

 

 

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
R3
1.2032
1.3756
148.50
17.70
R2
1.1955
1.3714
148.02
17.63
R1
1.1911
1.3680
147.24
17.49
PP
1.1834
1.3638
146.76
17.36
S1
1.1790
1.3604
145.98
17.32
S2
1.1713
1.3562
145.50
17.28
S3
1.669
1.3528
144.72
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
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.