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Treasury

Daily Market Patrol

Market Patrol 29th August 2025

Not-knowing is true knowledge. Presuming to know is a disease. First realize that you are sick; then you can move toward health.

Lao Tzu
Indicative Selling Rates
against MUR
USD
29 Aug 2025
  • AUD
  • 31.27
  • 0.6745
  • BWP
  • 3.30
  • 0.0711
  • CAD
  • 34.64
  • 1.3385
  • CNY
  • 6.88
  • 6.7348
  • DKK
  • 7.44
  • 6.2271
  • EUR
  • 54.34
  • 1.1722
  • HKD
  • 6.09
  • 7.6115
  • INR
  • 0.54
  • 85.1918
  • JPY
  • 32.56
  • 142.3882
  • KES
  • 36.91
  • 125.5927
  • NZD
  • 28.07
  • 0.6056
  • NOK
  • 4.72
  • 9.8186
  • SGD
  • 37.12
  • 1.2488
  • ZAR
  • 2.75
  • 16.8393
  • SEK
  • 5.03
  • 9.2253
  • CHF
  • 58.83
  • 1.2691
  • GBP
  • 62.90
  • 1.3568
  • USD
  • 46.36
  • 1.0000
  • AED
  • 13.16
  • 3.5241
The Greenback on the back foot ahead of U.S. PCE data.
Fundamental News

EUR/USD
The Euro traded firmly at $1.1665 despite opposition parties in France being unlikely to support PM Bayrou’s confidence vote.

GBP/USD
The Pound Sterling rose to $1.3494 as U.K. inflation pressures persisted with factory prices hitting a two-year high, keeping BoE rate-hold expectations intact.

USD/JPY
The Japanese Yen receded to 147.12 against the greenback following soft Tokyo August Consumer Price Index data.

AUD/USD
The Australian dollar edged higher to $0.6532 as domestic Private Sector Credit rose.

USD/CAD
The Canadian dollar remained on the front foot at 1.3756 against its U.S. counterpart ahead of local GDP data, expected later in the day.

USD/ZAR
The South African rand was subdued in early trade at 17.72 against the U.S. dollar, as markets awaited the key U.S. PCE inflation report and the release of some domestic economic indicators which could offer clues on the health of Africa's most industrialised economy.

USD/MUR
The dollar-rupee shed 13 cents to 46.13 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

16:00 EUR German Consumer Price Index

16:00 EUR German Harmonized Index of Consumer Prices

16:30 CAD Gross Domestic Product

16:30 CAD Gross Domestic Product

16:30 CAD Gross Domestic Product Annualized

16:30 USD Core Personal Consumption Expenditures - Price Index

16:30 USD Personal Consumption Expenditures - Price Index

16:30 USD Personal Income

16:30 USD Personal Spending

17:45 USD Chicago PMI

18:00 USD Michigan Consumer Expectations Index

18:00 USD Michigan Consumer Sentiment Index

18:00 USD UoM 1-year Consumer Inflation Expectations

18:00 USD UoM 5-year Consumer Inflation Expectation

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
1.1779
1.3582
148.26
17.86
R2
1.1739
1.3557
147.88
17.80
R1
1.1710
1.3534
147.41
17.74
PP
1.1670
1.3509
147.03
17.68
S1
1.1641
1.3486
146.56
17.63
S2
1.1601
1.3461
146.18
17.56
S3
1.1572
1.3438
145.71
17.51
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.