Market Patrol 19 December 2025

The pursuit of knowledge is more valuable than its possession

Albert Einstein

Indicative Selling Rates
against MUR
USD

19 Dec 2025

AUD
32.30
0.6932

BWP
3.43
0.0735

CAD
34.72
1.3420

CNY
7.00
6.6585

DKK
7.66
6.0851

EUR
54.87
1.1774

HKD
6.21
7.5057

INR
0.55
85.4196

JPY
31.48
148.0240

KES
37.43
124.4987

NZD
28.15
0.6041

NOK
4.78
9.7406

SGD
37.50
1.2428

ZAR
2.92
15.9741

SEK
5.26
8.8664

CHF
60.84
1.3057

GBP
62.62
1.3438

USD
46.60
1.0000

AED
13.22
3.5249

Major Currency Pairs React to Economic Data

Fundamental News

EUR/USD

The Euro shed some gains to trade around $1.1719 after the steady-handed ECB failed to spark momentum.

GBP/USD

The pound sterling drew some support at $1.3380 from the Bank of England (BoE) hawkish rate cut yesterday which in turn is seen as a key factor acting as a tailwind for the currency pair.

USD/JPY

The Japanese yen continues to trade lower at 155.95 against the US Dollar following Bank of Japan's expected 25 bps rate hike this morning.

AUD/USD

The Australian dollar was steady around 0.6605, while Australia’s private sector credit increased 0.6% MoM in November, well above the 0.2% forecast.

USD/CAD

USDCAD remains below 1.38 following the release of softer-than-expected US CPI data.

USD/ZAR

The South African rand was little changed at $16.76 in the last trading session as investors assessed November producer inflation data for clues on the health of Africa's economy.

USD/MUR

The dollar–rupee pair climbed by 12 cents today, quoted at 46.60 on the offer side.

Fundamental & Technical Data

Economic Indicators-Local Time

11:00 AM GBP Retail Sales (MoM) (Nov)

11:00 AM GBP Retail Sales ex-Fuel (MoM) (Nov)

11:00 AM GBP Retail Sales ex-Fuel (YoY) (Nov)

5:30 PM CAD Retail Sales (MoM) (Oct)

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

1.1804

1.3545

156.63

16.86

1.1784

1.3496

156.31

16.83

1.1754

1.3439

155.93

16.77

1.1734

1.3390

155.61

16.74

1.1704

1.3333

155.23

16.69

1.1684

1.3284

154.91

16.66

1.1654

1.3227

154.53

16.61

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

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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.

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