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Treasury

Daily Market Patrol

Market Patrol 4th August 2025

Even if you fall on your face, you're still moving forward.

Victor Kiam
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 crashed on worse-than-expected U.S. nonfarm payrolls data.
Fundamental News

EUR/USD
The Euro surged to $1.1577 after dismal U.S. nonfarm payrolls (NFP) data and disappointing U.S. ISM Manufacturing PMI data.

GBP/USD
The Pound Sterling rose to $1.3277 as it surfed the post-NFP USD selloff but might struggle for direction ahead of the Bank of England meeting later this week.

USD/JPY
The Japanese Yen erased an entire week of losses on Friday as it accelerated to a high of 147.29 against the greenback while the Bank of Japan laid the groundwork to resume rate hikes. 

AUD/USD
The Australian dollar was up to $0.6479 in the Asian session as it drew support from a sharp surge in the Melbourne Institute’s monthly inflation gauge.

USD/CAD
The Canadian dollar remained on the front foot at 1.3778 against its U.S. counterpart as Oil prices improved.

USD/ZAR
The South African rand gained to 18.05 against a softer U.S. dollar but is likely to remain weak in the days to come as traders mull the impact of higher tariffs on the country after it failed to clinch a trade deal with Washington.

USD/MUR
The dollar-rupee fell to 46.67(selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

10:30 CHF Consumer Price Index

12:30 EUR Eurozone Sentix Investor Confidence

18:00 USD Factory Orders

 

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
4.25%
08-May-2025
07-Aug-2025
Bank of Japan
0.5%
30-Jul-2025
18-Sep-2025
Reserve Bank of Australia
3.85%
20-May-2025
12-Aug-2025
S.Africa Reserve Bank
7.0%
31-Jul-2025
18-Sep-2025
Reserve Bank of India
5.5%
06-Jun-2025
07-Aug-2025
Bank of Mauritius
4.50%
04-Feb-2025
13-Aug-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
1.1864
1.3513
153.43
18.63
R2
1.1731
1.3412
152.17
18.49
R1
1.1659
1.3345
149.80
18.29
PP
1.1526
1.3244
148.54
18.15
S1
1.1454
1.3177
146.17
17.95
S2
1.1321
1.3076
144.91
17.82
S3
1.1249
1.3009
142.54
17.61
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.