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Treasury

Daily Market Patrol

Market Patrol 22nd September 2025

Empty your mind, be formless. Shapeless, like water.

 

 

Bruce Lee
Indicative Selling Rates
against MUR
USD
28 Oct 2025
  • AUD
  • 31.58
  • 0.6891
  • BWP
  • 3.38
  • 0.0738
  • CAD
  • 33.69
  • 1.3601
  • CNY
  • 6.83
  • 6.7042
  • DKK
  • 7.36
  • 6.2277
  • EUR
  • 53.71
  • 1.1722
  • HKD
  • 6.12
  • 7.4884
  • INR
  • 0.55
  • 83.7541
  • JPY
  • 31.76
  • 144.2577
  • KES
  • 36.78
  • 124.5679
  • NZD
  • 27.40
  • 0.5979
  • NOK
  • 4.71
  • 9.7200
  • SGD
  • 36.81
  • 1.2447
  • ZAR
  • 2.80
  • 16.3840
  • SEK
  • 5.03
  • 9.1014
  • CHF
  • 60.01
  • 1.3097
  • GBP
  • 61.54
  • 1.3430
  • USD
  • 45.82
  • 1.0000
  • AED
  • 13.01
  • 3.5225
The Pound Sterling slid on domestic headwinds.
Fundamental News

EUR/USD

The Single Currency remained on the back foot at  $ 1.1734 ahead of Eurozone Consumer Confidence.

GBP/USD

The Pound Sterling slumped to $1.3470 after a surge in U.K. public sector borrowing in August.

USD/JPY

The yen languished at 148.25 against the U.S. dollar, dragged down by uncertainty over potential Bank of Japan rate hikes.

AUD/USD

The Australian dollar weakened to $0.6590 after RBA Governor Bullock stated that the labour market remained still strong and recent rate cuts would support spending while the bank would stay cautious.

USD/CAD

The Canadian dollar meandered at 1.3800 against the greenback on downbeat local Retail sales data.

USD/ZAR
The South African rand idled at  17.36 vis-à-vis the greenback in the absence of meaningful data for the South African economy.

USD/MUR
The dollar-rupee shot up to 45.99  this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

16.30 CAD RMPI

16.45  EUR German Buba Mauderer speeach

17.45 USD FOMC Member Williams Speech

17.45 EUR ECB's Lane Speech

20.00 EUR German Buba President Nagel Speech

22.00 GBP BoE Gov Bailey Speech

 

 

Central Bank Interest Rates
Last Change
New Meeting
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
30-Sep-2025
S.Africa Reserve Bank
7.0%
31-Jul-2025
20-Nov-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
1.1846
1.3630
149.51
17.70
R2
1.1820
1.3595
148.90
17.63
R1
1.1782
1.3533
148.43
17.49
PP
1.1756
1.3498
147.82
17.36
S1
1.1718
1.3436
147.35
17.32
S2
1.1692
1.3401
146.74
17.28
S3
1.1654
1.3339
146.27
17.21
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.