Market Patrol 21 November 2025

Leap, and the net will appear.

John Burroughs

Indicative Selling Rates
against MUR
USD

21 Nov 2025

AUD
31.56
0.6766

BWP
3.86
0.0827

CAD
34.03
1.3710

CNY
6.94
6.7225

DKK
7.41
6.2984

EUR
54.09
1.1594

HKD
6.21
7.5086

INR
0.55
84.1623

JPY
31.26
149.2300

KES
37.26
125.2038

NZD
27.40
0.5873

NOK
4.69
9.9518

SGD
37.08
1.2580

ZAR
2.84
16.4225

SEK
5.03
9.2789

CHF
60.25
1.2915

GBP
61.35
1.3151

USD
46.65
1.0000

AED
13.23
3.5249

The Greenback found support after delayed U.S. nonfarm payrolls data for September.

Fundamental News

EUR/USD
The Euro held near $1.1538 as strong U.S. jobs data capped gains, with mixed Fed signals and steady Eurozone sentiment offering little directional push.

GBP/USD
The Pound sterling remained under pressure at $1.3090 with uncertainty surrounding the U.K. budget.

USD/JPY
The Japanese Yen ticked up to 157.12 against the greenback after the Finance Minister indicated that an FX intervention was possible to curb excessive volatility and speculative activity.

AUD/USD
The Australian dollar edged down to $0.6445 despite an improvement in November’s local Manufacturing PMI.

USD/CAD
The Canadian dollar slipped below 1.41 against the USD after the delayed U.S. NPF release with focus shifting to Canada Retail Sales data today.

USD/ZAR
The South African rand traded lower this morning at 17.24 against the USD after the South African Reserve Bank resumed its policy easing cycle by cutting the key repo rate to 6.75%.

USD/MUR
The dollar–rupee dropped by 6 cents this morning, trading at 46.65 on the offer side.

Fundamental & Technical Data

Economic Indicators-Local Time

12:30 EUR German HCOB Composite PMI

12:30 EUR German HCOB Manufacturing PMI

12:30 EUR German HCOB Services PMI

12:30 EUR ECB's President Lagarde speech

13:00 EUR Eurozone HCOB Composite PMI

13:00 EUR Eurozone HCOB Manufacturing PMI

13:00 EUR Eurozone HCOB Services PMI

13:30 GBP S&P Global Composite PMI

13:30 GBP S&P Global Manufacturing PMI

13:30 GBP S&P Global Services PMI

15:30 EUR ECB's De Guindos speech

16:30 USD Fed's Williams speech

16:40 CHF SNB Chairman Schlegel speech

17:00 EUR ECB's Nagel speech

17:30 CAD Retail Sales

17:30 CAD Retail Sales ex Autos

17:30 USD Fed's Barr speech

17:45 USD Fed's Jefferson speech

18:00 USD Fed's Logan speech

18:45 USD S&P Global Composite PMI

18:45 USD S&P Global Manufacturing PMI

18:45 USD S&P Global Services PMI

18:55 EUR ECB's Escrivá speech

19:00 USD Michigan Consumer Expectations Index

19:00 USD Michigan Consumer Sentiment Index

19:00 USD UoM 1-year Consumer Inflation Expectations

19:00 USD UoM 5-year Consumer Inflation Expectation

19:40 GBP BoE's Pill speech

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

1.1598

1.3205

158.95

17.41

1.1574

1.3164

158.42

17.34

1.1551

1.3119

157.94

17.28

1.1527

1.3078

157.41

17.21

1.1504

1.3033

156.93

17.15

1.1480

1.2992

156.40

17.08

1.1457

1.2947

155.92

17.03

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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