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Treasury

Daily Market Patrol

Market Patrol 22nd August 2025

There is nothing impossible to him who will try.

Alexander the Great
Indicative Selling Rates
against MUR
USD
22 Aug 2025
  • AUD
  • 30.86
  • 0.6627
  • BWP
  • 3.37
  • 0.0723
  • CAD
  • 34.39
  • 1.3540
  • CNY
  • 6.86
  • 6.7869
  • DKK
  • 7.43
  • 6.2683
  • EUR
  • 54.21
  • 1.1644
  • HKD
  • 6.10
  • 7.6387
  • INR
  • 0.55
  • 84.8740
  • JPY
  • 32.32
  • 144.0791
  • KES
  • 37.07
  • 125.6069
  • NZD
  • 27.81
  • 0.5973
  • NOK
  • 4.69
  • 9.9342
  • SGD
  • 37.11
  • 1.2547
  • ZAR
  • 2.76
  • 16.8608
  • SEK
  • 4.97
  • 9.3656
  • CHF
  • 58.53
  • 1.2571
  • GBP
  • 62.69
  • 1.3465
  • USD
  • 46.56
  • 1.0000
  • AED
  • 13.21
  • 3.5248
Strong U.S. PMI data provided a boost to the USD.
Fundamental News

EUR/USD
The Euro declined to $1.1591 as the USD rebounded following strong U.S. PMI data, ahead of Fed Chair Powell's speech at Jackson Hole.

GBP/USD
The Pound Sterling fell to $1.3397 as markets brush aside improving composite PMI from the U.K.

USD/JPY
The Japanese Yen depreciated to 148.55 against the greenback after local consumer price index data that showed inflation cooled in July.

AUD/USD
The Australian dollar eased to $0.6416 as some investors anticipate a 50 basis-point rate cut from RBA, likely in November.

USD/CAD
The Canadian dollar weakened to 1.3914 against its U.S. counterpart ahead of domestic retail sales data, due later in the day.

USD/ZAR
The South African rand edged lower to 17.74 against the U.S. dollar, as investors looked to the Jackson Hole symposium for clarity on the economic outlook and policy direction.

USD/MUR
The dollar-rupee rose 30 cents to 46.56 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

16:30 CAD Retail Sales

16:30 CAD Retail Sales ex Autos

18:00 USD Fed's Chair Powell speech

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
1.1708
1.3540
149.94
17.87
R2
1.1685
1.3512
149.17
17.82
R1
1.1646
1.3462
148.78
17.77
PP
1.1623
1.3434
148.01
17.71
S1
1.1584
1.3384
147.62
17.66
S2
1.1561
1.3356
146.85
17.61
S3
1.1522
1.3306
146.46
17.56
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.