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Treasury

Daily Market Patrol

Market Patrol 27 November 2025

It does not matter how slowly you go as long as you do not stop.

Confucius
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 EUR continues to climb amid broad USD weakness
Fundamental News

EUR/USD
The EUR continues to climb, trading around 1.1605, while improved risk sentiment further pressures the USD.

GBP/USD
GBP/USD inches above 1.3250, supported by UK’s latest budget where Chancellor Rachel Reeves announced £26 billion in tax increases on top of last year’s £40 billion rise.

USD/JPY
The JPY finds support around 155.90 level amid speculation that Japanese authorities may intervene to curb further weakness

AUD/USD
The AUD climbs to a one-and-a-half-week high around 0.6535 during Thursday’s Asian session, supported by hotter-than-expected Australian CPI.

USD/CAD
The Loonie trades below 1.4030 ahead of tomorrow’s Canadian GDP data.

USD/ZAR
The rand strengthened to about $17.11 as markets now await today’s producer inflation numbers.

USD/MUR
The dollar-rupee edged 4 cents lower to trade at 46.52 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:00 EUR GfK Consumer Confidence Survey

12:30 EUR ECB's Cipollone speech

14:00 EUR Business Climate

14:00 EUR Consumer Confidence

14:00 EUR Economic Sentiment Indicator

15:00 EUR ECB's De Guindos speech

16:30 EUR ECB Monetary Policy Meeting Accounts

17:30 CAD Current Account

20:00 GBP BoE's Greene speech

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
1.1671
1.3402
158.00
17.34
R2
1.1636
1.3324
157.37
17.28
R1
1.1617
1.3282
156.91
17.21
PP
1.1582
1.3204
156.28
17.15
S1
1.1563
1.3162
155.82
17.08
S2
1.1528
1.3084
155.19
17.02
S3
1.1509
1.3042
154.73
16.95
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.