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Treasury

Daily Market Patrol

Market Patrol 21 October 2025

Greatness is not guarding from the people; greatness is being accepted by the people.

 

Mike Tyson
Indicative Selling Rates
against MUR
USD
21 Oct 2025
  • AUD
  • 31.28
  • 0.6830
  • BWP
  • 3.36
  • 0.0734
  • CAD
  • 33.52
  • 1.3665
  • CNY
  • 6.81
  • 6.7208
  • DKK
  • 7.33
  • 6.2445
  • EUR
  • 53.53
  • 1.1688
  • HKD
  • 6.12
  • 7.4878
  • INR
  • 0.55
  • 83.4344
  • JPY
  • 31.92
  • 143.4879
  • KES
  • 36.77
  • 124.5661
  • NZD
  • 27.13
  • 0.5924
  • NOK
  • 4.67
  • 9.8106
  • SGD
  • 36.77
  • 1.2456
  • ZAR
  • 2.79
  • 16.3903
  • SEK
  • 4.99
  • 9.1706
  • CHF
  • 60.00
  • 1.3100
  • GBP
  • 61.62
  • 1.3453
  • USD
  • 45.80
  • 1.0000
  • AED
  • 13.00
  • 3.5223
The Shared currency tumbled amid cooling trade tensions between the U.S and China
Fundamental News

EUR/USD

The Single currency slid to $1.1627 as the prospect of upcoming trade talks between the U.S. and China helped ease some concerns over a renewed trade war.

GBP/USD

The Cable crumbled to $1.3376 as the market eyes UK September Inflation due on Wednesday.

USD/JPY

The Japanese Yen dipped to 151.53 against the greenback after lawmakers in the Lower House have voted for Sanae Takaichi to become Japan's Prime Minster. This fueled speculations about more fiscal stimulus and delay in raising interest rates.

AUD/USD

The Australian dollar hopped to $0.6487 underpinned by the improved market sentiment following US- Australia deal.

USD/CAD

The Loonie was inched up to 1.4058 against the greenback ahead of Canadian Consumer Price Index due today.

USD/ZAR

The South African Rand gained to 17.27 as investors looked to inflation data this week and the possible removal of South Africa from the Financial Action Taskforce's "grey" list.

USD/MUR
The dollar-rupee climbed to 45.80 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

14.30 GBP BoE Gov Bailey Speech

15.00 EUR ECB President Lagarde Speech

15.30 USD Business Inventories

15.30 USD US Leading Index

16.30 CAD Core CPI 

17.00 USD Fed Waller Speech

21.00 EUR German Buba Speech

23.30 USD Fed Waller Speech

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.25%
16-Sep-2025
28-Oct-2025
European Central Bank
2.00%
24-Jun-2025
30-Oct-2025
Bank of England
4.00%
07-Aug-2025
06-Nov-2025
Bank of Japan
0.5%
30-Jul-2025
30-Oct-2025
Reserve Bank of Australia
3.6%
20-May-2025
04-Nov-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
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
1.1703
1.3475
152.13
17.48
R2
1.1689
1.3459
151.67
17.42
R1
1.1666
1.3432
151.21
17.38
PP
1.1652
1.3416
150.75
17.35
S1
1.1629
1.3389
150.29
17.33
S2
1.1615
1.3373
149.83
17.28
S3
1.1592
1.3346
149.37
17.22
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.