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Daily Market Patrol

Market Patrol 22 December 2025

In life, as in chess, forethought wins.

Charles Buxton
Indicative Selling Rates
against MUR
USD
22 Dec 2025
  • AUD
  • 32.36
  • 0.6945
  • BWP
  • 3.43
  • 0.0735
  • CAD
  • 34.70
  • 1.3430
  • CNY
  • 7.00
  • 6.6577
  • DKK
  • 7.66
  • 6.0822
  • EUR
  • 54.87
  • 1.1775
  • HKD
  • 6.21
  • 7.5052
  • INR
  • 0.55
  • 85.0249
  • JPY
  • 31.22
  • 149.2848
  • KES
  • 37.43
  • 124.4987
  • NZD
  • 28.18
  • 0.6047
  • NOK
  • 4.80
  • 9.7013
  • SGD
  • 37.45
  • 1.2443
  • ZAR
  • 2.92
  • 15.9670
  • SEK
  • 5.27
  • 8.8420
  • CHF
  • 60.91
  • 1.3071
  • GBP
  • 62.73
  • 1.3461
  • USD
  • 46.60
  • 1.0000
  • AED
  • 13.22
  • 3.5249
Major Currency Pairs React to Economic Data
Fundamental News

EUR/USD

EUR/USD edges up to around $1.1720 in early Asian trade as the ECB signals an end to monetary easing.

 GBP/USD

GBP/USD recovers to trade around $1.3390 , with the Pound steady ahead of the UK’s Q3 GDP release.

USD/JPY

The Japanese Yen strengthens to $157.30, supported by rising geopolitical tensions, ongoing global uncertainty, and renewed speculation of possible Japanese government intervention following comments from FX official Atsushi Mimura.

AUD/USD

AUD/USD trades around $0.6625 , supported by positive risk sentiment and a hawkish RBA outlook, with the PBOC’s rate hold having little impact in a holiday-shortened week. 

USD/CAD

USDCAD stays near $1.38, supported by higher oil prices and renewed concerns over oil supply disruptions.

USD/ZAR

The South African rand strengthened, breaking below $17.00 as optimism grew around aligned monetary, fiscal, and inflation policies, supported by improved business indicators and softer inflation data.



USD/MUR

The dollar–rupee remained unchanged and is trading at 46.60 on the selling side.




Fundamental & Technical Data
Economic Indicators-Local Time

11:00 AM GBP Gross Domestic Product (YoY) (Q3)

4:30 AM (TOM) AUD RBA Meeting Minutes

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
6.75%
20-Nov-2025
29-Jan-2026
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
R3
1.1804
1.3545
156.63
16.86
R2
1.1784
1.3496
156.31
16.83
R1
1.1754
1.3439
155.93
16.77
PP
1.1734
1.3390
155.61
16.74
S1
1.1704
1.3333
155.23
16.69
S2
1.1684
1.3284
154.91
16.66
S3
1.1654
1.3227
154.53
16.61
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 Devisha Ramsurrun
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.