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Treasury

Daily Market Patrol

Market Patrol 5th September 2025

The Journey of a thousand miles begins with a single step

Sun Tzu
Indicative Selling Rates
against MUR
USD
28 Oct 2025
  • AUD
  • 31.58
  • 0.6891
  • BWP
  • 3.38
  • 0.0738
  • CAD
  • 33.69
  • 1.3601
  • CNY
  • 6.83
  • 6.7042
  • DKK
  • 7.36
  • 6.2277
  • EUR
  • 53.71
  • 1.1722
  • HKD
  • 6.12
  • 7.4884
  • INR
  • 0.55
  • 83.7541
  • JPY
  • 31.76
  • 144.2577
  • KES
  • 36.78
  • 124.5679
  • NZD
  • 27.40
  • 0.5979
  • NOK
  • 4.71
  • 9.7200
  • SGD
  • 36.81
  • 1.2447
  • ZAR
  • 2.80
  • 16.3840
  • SEK
  • 5.03
  • 9.1014
  • CHF
  • 60.01
  • 1.3097
  • GBP
  • 61.54
  • 1.3430
  • USD
  • 45.82
  • 1.0000
  • AED
  • 13.01
  • 3.5225
The Greenback eased ahead of U.S much waiting jobs data this afternoon.
Fundamental News

EUR/USD
The Single currency edged higher to $1.1677 after a disappointing U.S. Services Purchasing Managers Index (PMI) data.

GBP/USD

The Pound Sterling advanced to $1.3467 buoyed by an upbeat U.K. Core Retail Sales data.

USD/JPY
The Yen oscillated at 148.20 against the U.S. Dollar as U.S. President Donald Trump signed an order implementing a recent trade deal with Tokyo. 

AUD/USD
The Australian dollar recovered at $0.6538 ahead of U.S Nonfarm Payroll data due today.

USD/CAD

The Loonie unfazed at 1.3807 against the U.S. Dollar ahead of domestic jobs data this afternoon that could guide bets for a Bank of Canada interest rate cut.

USD/ZAR
The South African rand meandered at 17.70 against the greenback although data showed that South Africa's business confidence has once again taken a hit as more than 60% of respondents were dissatisfied with the current business conditions.

USD/MUR
The dollar-rupee fell to 46.55 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

13.00 EUR GDP 

16.30 USD Average Hourly Earnings

16.30 USD Nonfarm Payrolls

16.30 USD Unemployment Rate

16.30 CAD Unemployment Rate

18.00 CAD Ivey PMI

21.00 USD U.S Baker Hughes Oil Rig Count

23.30 GBP CFTC Crude Oil Speculative net positions 

23.30 AUD CFTC AUD Speculative net positions

 

 

 

 

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
1.1708
1.3499
149.89
17.92
R2
1.1689
1.3479
149.34
17.85
R1
1.1669
1.3457
148.90
17.75
PP
1.1650
1.3437
148.35
17.71
S1
1.1630
1.3415
147.91
17.66
S2
1.1611
1.3395
147.36
17.59
S3
1.1591
1.3373
146.92
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.