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Treasury

Daily Market Patrol

Market Patrol 26 September 2025

Be kind whenever possible. It is always possible.

 

 

Dalai Lama
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
Th Euro, Pound spiraled against the dollar on positive U.S. figures.
Fundamental News

EUR/USD

The Single currency sank to $1.1679, undermined by a stronger greenback following positive U.S. Gross Domestic Product, and Initial Jobless Claims figures yesterday.

GBP/USD

The Pound Sterling plummeted to $1.3350, exposed to the jitters in the U.S. Dollar as domestic economic calendar remained trimmed since Wednesday.  

USD/JPY

The yen slipped at 149.68 against the greenback on a weaker Japanese inflation number released this morning.

AUD/USD

The Australian dollar recovered from a three-week low at $0.6524 to trade higher this morning near $0.6540, affected by headwinds from U.S. President Trump plans to impose 100% tariff on imports of pharmaceutical products as early as next month. 

USD/CAD

The Canadian dollar crumbled to 1.3937 against the greenback as market participants prepare for the simultaneous release of both the Canadian GDP number, and a series of U.S. PCE figures this afternoon. 

USD/ZAR
The South African rand softened at 17.45 on the release of the latest Consumer Confidence Index which dropped to -13 from a previous reading of -10, highlighting the impact of rising food prices and stagnant economic growth in the country. 

USD/MUR
The dollar-rupee was up at 46.23 this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 EUR Spanish GDP 

11:15 EUR ECB Cipollone speech 

15:00 EUR ECB Escriva speech 

16:30 CAD GDP 

16:30 USD Core PCE 

18:00 USD Michigan Consumer Expectations 

21:00 Fed's Bowman speech 

 

 

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
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
1.1842
1.3576
151.67
17.71
R2
1.1798
1.3521
150.80
17.59
R1
1.1732
1.3433
150.30
17.51
PP
1.1688
1.3378
149.43
17.43
S1
1.1622
1.3290
148.93
17.40
S2
1.1578
1.3235
148.06
17.31
S3
1.1512
1.3147
147.56
17.20
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.