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Treasury

Daily Market Patrol

Market Patrol 5th August 2025

Do the difficult things while they are easy and do the great things while they are small. A journey of a thousand miles must begin with a single step.

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
Dollar-rupee lower on Bank of Mauritius intervention.
Fundamental News

EUR/USD
The Euro eased to $1.1547 in the absence of major market-moving macroeconomic events.

GBP/USD
The Pound Sterling consolidated around $1.3278 as investors await the Bank of England interest rate decision on Thursday.

USD/JPY
The Japanese Yen remained on the front foot at 147.13 against the greenback as a U.S. Fed rate cut in September looked increasingly likely. 

AUD/USD
The Australian dollar stayed in a familiar range around $0.6465 amid a positive risk tone.

USD/CAD
The Canadian dollar moved sideways near 1.3780 against its U.S. counterpart ahead of U.S. ISM Services PMI data.

USD/ZAR
The South African rand edged up on Monday, helped by higher gold prices, as investors digested last week's unexpectedly weak U.S. jobs data and awaited tariff updates ahead of the United States' August 8 deadline.

USD/MUR
The dollar-rupee tumbled to 46.15(selling) this morning, following the intervention by the Bank of Mauritius.

Fundamental & Technical Data
Economic Indicators-Local Time

11:55 EUR HCOB Composite PMI

11:55 EUR HCOB Services PMI

12:00 EUR HCOB Composite PMI

13:00 EUR Producer Price Index

13:00 EUR Producer Price Index

17:45 USD S&P Global Composite PMI

18:00 USD ISM Services Employment Index

18:00 USD ISM Services New Orders Index

18:00 USD ISM Services PMI

18:00 USD ISM Services Prices Paid

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
1.1643
1.3403
149.04
18.36
R2
1.1620
1.3367
148.57
18.27
R1
1.1596
1.3326
147.82
18.09
PP
1.1573
1.3290
147.35
18.00
S1
1.1549
1.3249
146.60
17.83
S2
1.1526
1.3213
146.13
17.73
S3
1.1502
1.3172
145.38
17.56
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.