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Treasury

Daily Market Patrol

Market Patrol 19th August 2025

To attain knowledge, add things everyday. To attain wisdom, remove things every day.

Lao Tzu
Indicative Selling Rates
against MUR
USD
21 Aug 2025
  • AUD
  • 30.66
  • 0.6628
  • BWP
  • 3.33
  • 0.0721
  • CAD
  • 34.25
  • 1.3506
  • CNY
  • 6.83
  • 6.7736
  • DKK
  • 7.42
  • 6.2355
  • EUR
  • 54.14
  • 1.1703
  • HKD
  • 6.06
  • 7.6286
  • INR
  • 0.55
  • 84.4174
  • JPY
  • 32.39
  • 142.8390
  • KES
  • 36.84
  • 125.5855
  • NZD
  • 27.67
  • 0.5981
  • NOK
  • 4.64
  • 9.9750
  • SGD
  • 36.97
  • 1.2511
  • ZAR
  • 2.75
  • 16.8334
  • SEK
  • 4.96
  • 9.3213
  • CHF
  • 58.52
  • 1.2651
  • GBP
  • 62.54
  • 1.3520
  • USD
  • 46.26
  • 1.0000
  • AED
  • 13.13
  • 3.5238
The U.S. dollar firmed across the board as markets await Ukraine-Russia developments.
Fundamental News

EUR/USD
The Euro fell to $1.1655 on news that President Trump has begun preparatory steps for a trilateral meeting with Russian President Putin and Ukrainian President Zelenskyy.

GBP/USD
The Pound Sterling dropped $1.3500 ahead of local CPI and retail price index data due tomorrow.

USD/JPY
The Japanese Yen was down to 147.65 although on the growing expectations that the Bank of Japan will stick to its policy normalization path marks a big divergence in comparison to other major central banks.

AUD/USD
The Australian dollar trimmed recent gains to drop to $0.6483 ahead of bank of China's interest rate decision due during tomorrow's Asian session.

USD/CAD
The Canadian dollar stayed buoyant at 1.3813 against its U.S. counterpart as higher Oil prices supported the Loonie ahead of local CPI data, due later today.

USD/ZAR
The South African rand slipped to 17.66 against the U.S. dollar with the main focus of this week being on domestic inflation figures, due tomorrow, while investors also eyed geopolitical developments which could influence the risk-sensitive local currency.

USD/MUR
The dollar-rupee jumped 23 cents to 46.14 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

16:30 CAD BoC Consumer Price Index Core

16:30 CAD Consumer Price Index

16:30 USD Building Permits

16:30 USD Housing Starts

22:10 USD Fed's Bowman speech

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
11-Sep-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
1.1759
1.3624
149.11
17.79
R2
1.1738
1.3600
148.55
17.73
R1
1.1699
1.3551
148.20
17.68
PP
1.1678
1.3527
147.64
17.62
S1
1.1639
1.3478
147.29
17.57
S2
1.1618
1.3454
146.73
17.50
S3
1.1579
1.3405
146.38
17.45
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.