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Treasury

Daily Market Patrol

Market Patrol 21st August 2025

Doing nothing is better than being busy doing nothing.

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 Greenback gained ground ahead of flash PMI data for major economies.
Fundamental News

EUR/USD
The Euro settled at $1.1647 ahead of flash PMI data for major European economies, the Eurozone as a whole and the U.S.

GBP/USD
The Pound Sterling slid to $1.3453 ahead of U.K. PMI data after reaching a high of $1.3509 following the release of U.K CPI data yesterday.

USD/JPY
The Japanese Yen jittered and settled at 147.42 against the greenback after mixed domestic PMI data.

AUD/USD
The Australian dollar traded near two-month lows at $0.6422 despite strong Aussie manufacturing and services PMI data.

USD/CAD
The Canadian dollar remained stable at 1.3878 against its U.S. counterpart, supported by rising Oil prices amid signs of strong demand.

USD/ZAR
The South African rand was mostly unchanged at 17.71 against the U.S. dollar despite the country's inflation reaching its highest level in 10 months, at 3.5%.

USD/MUR
The dollar-rupee shed 2 cents to 46.26 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:15 EUR French HCOB Composite PMI

11:15 EUR French HCOB Manufacturing PMI

11:15 EUR French HCOB Services PMI

11:30 EUR German HCOB Composite PMI

11:30 EUR German  HCOB Manufacturing PMI

11:30 EUR German HCOB Services PMI

12:00 EUR Eurozone HCOB Composite PMI

12:00 EUR Eurozone HCOB Manufacturing PMI

12:00 EUR Eurozone HCOB Services PMI

12:30 GBP S&P Global Composite PMI

12:30 GBP S&P Global Manufacturing PMI

12:30 GBP S&P Global Services PMI

14:00 EUR German Buba Monthly Report

15:30 USD Fed's Bostic speech

16:30 USD Initial Jobless Claims

16:30 USD Philadelphia Fed Manufacturing Survey

17:45 USD S&P Global Composite PMI

17:45 USD S&P Global Manufacturing PMI

17:45 USD S&P Global Services PMI

18:00 EUR Consumer Confidence

18:00 USD Existing Home Sales Change

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
1.1727
1.3556
148.74
17.79
R2
1.1701
1.3533
148.28
17.76
R1
1.1675
1.3494
147.79
17.71
PP
1.1649
1.3471
147.33
17.68
S1
1.1623
1.3432
146.84
17.63
S2
1.1597
1.3409
146.38
17.60
S3
1.1571
1.3370
145.89
17.55
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.