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Daily Market Patrol

Market Patrol 21st July 2025

Either you run the day or the day runs you.

Jim Rohn
Indicative Selling Rates
against MUR
USD
23 Jul 2025
  • AUD
  • 31.02
  • 0.6775
  • BWP
  • 3.32
  • 0.0725
  • CAD
  • 34.47
  • 1.3282
  • CNY
  • 6.60
  • 6.9430
  • DKK
  • 7.40
  • 6.1873
  • EUR
  • 54.00
  • 1.1794
  • HKD
  • 5.95
  • 7.7003
  • INR
  • 0.55
  • 83.8398
  • JPY
  • 32.16
  • 142.3713
  • KES
  • 36.47
  • 125.5514
  • NZD
  • 28.31
  • 0.6183
  • NOK
  • 4.64
  • 9.8717
  • SGD
  • 36.83
  • 1.2433
  • ZAR
  • 2.73
  • 16.7653
  • SEK
  • 4.91
  • 9.3338
  • CHF
  • 58.76
  • 1.2832
  • GBP
  • 62.25
  • 1.3594
  • USD
  • 45.79
  • 1.0000
  • AED
  • 13.00
  • 3.5229
The greenback lost steam against major peers.
Fundamental News

EUR/USD
The Euro traded north of $1.1600 as the U.S dollar dipped after Fed Governor Christopher Waller said he supported a July rate cut.

GBP/USD
The Pound Sterling consolidated around $1.3425 as higher U.K. jobs data eased pressure from the Bank of England.

USD/JPY
The Japanese Yen gapped up to 147.98, from a previous close of 148.88, against the greenback in reaction to the weekend's Japanese election, which dealt a big blow to the ruling coalition. After filling a major part of this gap, the Yen was back to 148.10 within the Asian session itself.

AUD/USD
The Australian dollar held steady at $0.6510 after the PBoC, China's central bank, left its Loan Prime rates unchanged.

USD/CAD
The Canadian dollar remained in a tight range around 1.3720 against its U.S. counterpart as tariff uncertainty lingers. Traders await the release of the Bank of Canada Business Outlook Survey for fresh impetus.

USD/ZAR
The South African rand edged up to 17.68 against the U.S. dollar on Friday as investors turned their attention to the final day of the two-day Group of 20 finance ministers meeting.

USD/MUR
The dollar-rupee stayed put at 46.15(selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

18:30 CAD Bank of Canada Business Outlook Survey

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.5%
29-Jan-2025
30-Jul-2025
European Central Bank
2.00%
05-Jun-2025
24-Jul-2025
Bank of England
4.25%
08-May-2025
07-Aug-2025
Bank of Japan
0.5%
24-Jan-2025
31-Jul-2025
Reserve Bank of Australia
3.85%
20-May-2025
12-Aug-2025
S.Africa Reserve Bank
7.25%
30-Jan-2025
31-Jul-2025
Reserve Bank of India
5.5%
06-Jun-2025
07-Aug-2025
Bank of Mauritius
4.50%
04-Feb-2025
13-Aug-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
1.1747
1.3527
149.77
18.00
R2
1.1710
1.3501
149.33
17.92
R1
1.1667
1.3455
149.08
17.81
PP
1.1630
1.3429
148.64
17.74
S1
1.1587
1.3383
148.39
17.63
S2
1.1550
1.3357
147.95
17.55
S3
1.1507
1.3311
147.70
17.44
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 Vincent Seneque
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.