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Treasury

Daily Market Patrol

Market Patrol 26 November 2025

We aim above the mark to hit the mark.

Ralph Waldo Emerson
Indicative Selling Rates
against MUR
USD
27 Nov 2025
  • AUD
  • 31.89
  • 0.6855
  • BWP
  • 3.47
  • 0.0745
  • CAD
  • 34.07
  • 1.3655
  • CNY
  • 6.95
  • 6.6922
  • DKK
  • 7.43
  • 6.2639
  • EUR
  • 54.24
  • 1.1658
  • HKD
  • 6.20
  • 7.5013
  • INR
  • 0.55
  • 84.6955
  • JPY
  • 31.41
  • 148.1012
  • KES
  • 37.20
  • 125.0519
  • NZD
  • 27.95
  • 0.6007
  • NOK
  • 4.69
  • 9.9292
  • SGD
  • 37.28
  • 1.2478
  • ZAR
  • 2.85
  • 16.3087
  • SEK
  • 5.05
  • 9.2199
  • CHF
  • 60.14
  • 1.2928
  • GBP
  • 61.97
  • 1.3321
  • USD
  • 46.52
  • 1.0000
  • AED
  • 13.20
  • 3.5246
The Pound sterling rises as market await Chancellor Rachel Reeves’ Autumn Budget later today.
Fundamental News

EUR/USD
The Euro hovered near higher levels at 1.1580 supported by pressure on the U.S. Dollar, as softer U.S. economic data strengthens expectations for a Federal Reserve rate cut in December.

GBP/USD
The Pound sterling rises to 1.3190 as market await Chancellor Rachel Reeves’ Autumn Budget later today. 

USD/JPY
The Japanese Yen picks up further strength to 156.12 amid a revival in BoJ rate-hike speculation.

AUD/USD
The Australian dollar strengthened to 0.65 as Australia’s October CPI rose 3.8% YoY, up from 3.5% previously.

USD/CAD
The Canadian dollar moved to 1.4080 against its U.S. counterpart following FED dovish expectations.

USD/ZAR
The South African rand edges higher to 17.17 on improving economic conditions in South Africa.

USD/MUR
The dollar–rupee slipped by 24 cents today, trading at 46.56 on the offer side this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

13:00 CHF ZEW Survey – Expectations

16:30 GBP Budget Report

17:30 USD Durable Goods Orders

17:30 USD Durable Goods Orders ex Defense

17:30 USD Durable Goods Orders ex Transportation

17:30 USD Initial Jobless Claims

17:30 USD Nondefense Capital Goods Orders ex Aircraft

18:45 USD Chicago PMI

20:05 EUR ECB's Lane speech

21:00 EUR ECB's President Lagarde speech

23:00 USD Fed's Beige Book

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
1.1674
1.3339
157.95
17.42
R2
1.1630
1.3276
157.47
17.36
R1
1.1600
1.3221
156.77
17.29
PP
1.1556
1.3158
156.29
17.24
S1
1.1526
1.3103
155.59
17.17
S2
1.1482
1.3040
155.11
17.11
S3
1.1452
1.2985
154.41
17.04
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.