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Treasury

Daily Market Patrol

Market Patrol 31 October 2025

When you are enthusiastic about what you do, you feel this positive energy. It's very simple.

 

Paulo Coelho
Indicative Selling Rates
against MUR
USD
31 Oct 2025
  • AUD
  • 31.81
  • 0.6876
  • BWP
  • 3.46
  • 0.0749
  • CAD
  • 34.00
  • 1.3607
  • CNY
  • 6.89
  • 6.7177
  • DKK
  • 7.37
  • 6.2787
  • EUR
  • 53.78
  • 1.1625
  • HKD
  • 6.18
  • 7.4906
  • INR
  • 0.55
  • 84.0882
  • JPY
  • 31.65
  • 146.1671
  • KES
  • 37.11
  • 124.6549
  • NZD
  • 27.83
  • 0.6017
  • NOK
  • 4.72
  • 9.8010
  • SGD
  • 37.00
  • 1.2503
  • ZAR
  • 2.81
  • 16.4621
  • SEK
  • 5.04
  • 9.1776
  • CHF
  • 59.96
  • 1.2961
  • GBP
  • 61.15
  • 1.3219
  • USD
  • 46.26
  • 1.0000
  • AED
  • 13.12
  • 3.5246
The Japanese Yen jolted lower on weaker domestic data.
Fundamental News

EUR/USD

The Single currency crawled lower to $1.1574 as the European Central Bank held interest rates unchanged at 2%. Christine Lagarde warned that the Eurozone outlook was still uncertain owing to the ongoing trade war.   

GBP/USD

The Pound Sterling caught in a tight range and traded at $1.3150 on the trimmed local economic calendar.

USD/JPY

The Yen sustained further losses to 154.01 against the greenback as the Japanese Unemployment Rate, and Retail Trade figures missed expectations this morning. 

AUD/USD

The Australian dollar dipped to $0.6541 despite the PPI and Private Sector Credit numbers for Australia exceeding consensus. 

USD/CAD

The Canadian dollar crumbled to 1.3995 against the U.S. Dollar as oil prices stabilised, leaving the loonie vulnerable to a stronger greenback.

USD/ZAR

The Rand lost ground to 17.29 against the U.S. Dollar, undermined by a lower South African PPI reading. 

USD/MUR
The dollar-rupee went up to 46.26 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

11:30 CHF Retail Sales

11:45 EUR France CPI

14:00 EUR Core Harmonized Index of Consumer Prices

14:00 EUR Italian CPI

16:30 CAD GDP 

20:00 USD Fed Bostic and Hammack speeches

 

 

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
30-Oct-2025
Bank of England
4.00%
07-Aug-2025
06-Nov-2025
Bank of Japan
0.5%
30-Jul-2025
18-Dec-2025
Reserve Bank of Australia
3.6%
20-May-2025
04-Nov-2025
S.Africa Reserve Bank
7.0%
31-Jul-2025
20-Nov-2025
Reserve Bank of India
5.5%
06-Jun-2025
05-Dec-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
1.1709
1.3309
157.31
17.58
R2
1.1673
1.3264
155.88
17.47
R1
1.1619
1.3207
155.02
17.38
PP
1.1583
1.3162
153.59
17.29
S1
1.1529
1.3105
152.73
17.17
S2
1.1493
1.3060
151.30
17.06
S3
1.1439
1.3003
150.44
16.96
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.