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Treasury

Daily Market Patrol

Market Patrol 27th August 2025

Muddy water, let stand, becomes clear.

Lao Tzu
Indicative Selling Rates
against MUR
USD
27 Aug 2025
  • AUD
  • 31.11
  • 0.6692
  • BWP
  • 3.37
  • 0.0725
  • CAD
  • 34.51
  • 1.3471
  • CNY
  • 6.88
  • 6.7598
  • DKK
  • 7.43
  • 6.2529
  • EUR
  • 54.27
  • 1.1673
  • HKD
  • 6.12
  • 7.5987
  • INR
  • 0.55
  • 85.1258
  • JPY
  • 32.43
  • 143.3587
  • KES
  • 37.01
  • 125.6019
  • NZD
  • 27.93
  • 0.6008
  • NOK
  • 4.70
  • 9.8930
  • SGD
  • 37.12
  • 1.2525
  • ZAR
  • 2.77
  • 16.7737
  • SEK
  • 4.99
  • 9.3121
  • CHF
  • 58.80
  • 1.2648
  • GBP
  • 62.85
  • 1.3518
  • USD
  • 46.49
  • 1.0000
  • AED
  • 13.19
  • 3.5250
The Euro wobbled amid French political uncertainty.
Fundamental News

EUR/USD
The Euro wobbled and settled back at $1.1614 amid French political uncertainty and upbeat U.S. Durable Goods Orders data.

GBP/USD
The Pound Sterling fell to $1.3447 as BoE's Catherine Mann said that the bank rate should be held persistently to lean against inflation risks and cut more forcefully if downside risks to domestic demand materialise.

USD/JPY
The Japanese Yen ceded ground to trade around 147.92 against the greenback ahead of Tokyo CPI data, the leading indicator of Japan’s overall inflation, and retail trade data, both due on Friday morning.

AUD/USD
The Australian dollar eased to $0.6485 after initially jolting up on hotter-than-expected domestic inflation data, printed at 2.8%.

USD/CAD
The Canadian dollar held its ground at 1.3842 against its U.S. counterpart as investors await U.S.-Canada trade talks and Canada's GDP data, due on Friday.

USD/ZAR
The South African rand retraced to 17.64 against the U.S. dollar ahead of domestic producer inflation data, due later today.

USD/MUR
The dollar-rupee gained 7 cents to 46.49 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

10:00 EUR German GfK Consumer Confidence Survey

12:00 CHF ZEW Survey – Expectations

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.5%
30-Jul-2025
16-Sep-2025
European Central Bank
2.00%
24-Jun-2025
11-Sep-2025
Bank of England
4.00%
07-Aug-2025
18-Sep-2025
Bank of Japan
0.5%
30-Jul-2025
18-Sep-2025
Reserve Bank of Australia
3.6%
20-May-2025
30-Sep-2025
S.Africa Reserve Bank
7.0%
31-Jul-2025
18-Sep-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
1.1733
1.3564
148.87
17.79
R2
1.1699
1.3529
148.40
17.73
R1
1.1670
1.3504
147.92
17.68
PP
1.1636
1.3469
147.45
17.63
S1
1.1607
1.3444
146.97
17.57
S2
1.1573
1.3409
146.50
17.52
S3
1.1544
1.3384
146.02
17.47
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.