Market Patrol 20 November 2025

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Indicative Selling Rates
against MUR
USD

09 Jan 2026

AUD
33.07
0.7013

BWP
3.50
0.0743

CAD
34.93
1.3503

CNY
7.14
6.6087

DKK
7.71
6.1206

EUR
55.24
1.1712

HKD
6.27
7.5213

INR
0.55
85.4600

JPY
31.58
149.3126

KES
37.85
124.5948

NZD
28.38
0.6019

NOK
4.87
9.6751

SGD
38.09
1.2380

ZAR
2.99
15.7761

SEK
5.35
8.8158

CHF
61.24
1.2985

GBP
63.67
1.3501

USD
47.16
1.0000

AED
13.37
3.5266

The Greenback rocketed against major peers on Fed hawkish tone.

Fundamental News

EUR/USD
The Euro tumbled to $1.1520 undermined by the minutes of Federal Reserve hinted the central bank could skip an interest rate cut at the December meeting.

GBP/USD
The Pound sterling nosedived to $1.3055 following a softer U.K. inflation data renewed expectations of a Bank of England rate cut in December.

USD/JPY
The Japanese Yen crumbled to 157.57 against the greenback hindered by fiscal concerns and BoJ rate hike uncertainty.

AUD/USD
The Aussie steadied at $0.6482 after People's Bank of China kept its Loan Prime Rates unchanged in November.

USD/CAD
The Canadian dollar languished to 1.4055 against its U.S. counterpart dragged down by the decline in Crude oil.

USD/ZAR
The South African rand opened flat at 17.19 ahead of South Africa interest Rate Decision due today.

USD/MUR
The dollar–rupee rate surged by 34 cents to 46.71 this morning.

Fundamental & Technical Data

Economic Indicators-Local Time

17.00 ZAR Interest Rate Decision

17.30 USD Average Hourly Earnings

17.30 USD Continuing Jobless Claims

17.30 USD Nonfarm Payrolls

19.00 USD Existing Home Sales

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

7.0%

31-Jul-2025

20-Nov-2025

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

1.1663

1.3240

159.79

17.34

1.1630

1.3198

158.49

17.30

1.1584

1.3129

157.82

17.24

1.1551

1.3087

156.52

17.20

1.1505

1.3018

155.85

17.14

1.1472

1.2976

154.55

17.10

1.1426

1.2907

153.88

17.04

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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