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Treasury

Daily Market Patrol

Market Patrol 23 October 2025

Success is not final, failure is not fatal: it is the courage to continue that counts.

 

Winston Churchill
Indicative Selling Rates
against MUR
USD
23 Oct 2025
  • AUD
  • 31.31
  • 0.6807
  • BWP
  • 3.33
  • 0.0725
  • CAD
  • 33.77
  • 1.3618
  • CNY
  • 6.84
  • 6.7273
  • DKK
  • 7.34
  • 6.2670
  • EUR
  • 53.57
  • 1.1648
  • HKD
  • 6.14
  • 7.4928
  • INR
  • 0.55
  • 83.4133
  • JPY
  • 31.76
  • 144.7987
  • KES
  • 36.91
  • 124.5835
  • NZD
  • 27.24
  • 0.5923
  • NOK
  • 4.71
  • 9.7737
  • SGD
  • 36.78
  • 1.2503
  • ZAR
  • 2.77
  • 16.5858
  • SEK
  • 5.02
  • 9.1641
  • CHF
  • 59.93
  • 1.3032
  • GBP
  • 61.62
  • 1.3398
  • USD
  • 45.99
  • 1.0000
  • AED
  • 13.05
  • 3.5230
The Loonie surged as Canadian CPI exceeded expectations.
Fundamental News

EUR/USD

The Euro eased at $1.1600 on the lack of data from the economic union, and ahead of today's Consumer Confidence.  

GBP/USD

The Pound Sterling was suppressed at $1.3335 as yesterday's poor British Retail Price Index continued to weigh on the currency.

USD/JPY

The Japanese Yen was on the backfoot at 152.32 against the U.S. Dollar on concerns over the new Prime Minister Sanae Takaichi's large fiscal stimulus plans.

AUD/USD

The Australian dollar oscillated around $0.6500 as market participants await the fallout of a new round of trade discussions between the U.S. and China.

USD/CAD

The Loonie strengthened to 1.3990 against the U.S. Dollar, underpinned by higher Canadian inflation figures released yesterday. 

USD/ZAR

The South African Rand was stable at 17.39 against the greenback as emerging markets appear to be more resilient at a time when the U.S. is having its longest government shutdown.

USD/MUR
The dollar-rupee climbed to 45.99 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

16:30 CAD Retail Sales 

18:00 EUR Consumer Confidence 

 

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.25%
16-Sep-2025
28-Oct-2025
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
04-Nov-2025
S.Africa Reserve Bank
7.0%
31-Jul-2025
20-Nov-2025
Reserve Bank of India
5.5%
06-Jun-2025
05-Dec-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
1.1674
1.3475
152.74
17.61
R2
1.1648
1.3431
152.40
17.54
R1
1.1629
1.3394
152.18
17.47
PP
1.1603
1.3350
151.84
17.44
S1
1.1584
1.3313
151.62
17.41
S2
1.1558
1.3269
151.28
17.33
S3
1.1539
1.3232
151.06
14.27
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.