Market Patrol 6th August 2025

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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 U.S. dollar wobbled as market participants entered wait-and-see mode.

Fundamental News

EUR/USD
The Euro regained the $1.1575 level ahead of the Eurozone Retail Sales data for June.

GBP/USD
The Pound Sterling inched up to $1.3304 as traders await U.S. President Donald Trump's pick for a vacancy on the Federal Reserve's Board of Governors.

USD/JPY
The Japanese Yen retreated to 147.48 against the greenback but reviving safe-haven demand offers some support to the Asian currency.

AUD/USD
The Australian dollar was up to $0.6487 in the morning session as local PMI data and private-business activity for June improved.

USD/CAD
The Canadian dollar was stable at 1.3770 against its U.S. counterpart as PM Carney announced support measures for the lumber industry.

USD/ZAR
The South African rand was marginally higher at 17.87 against the USD after the release of a positive purchasing managers' index survey.

USD/MUR
The dollar-rupee edged lower to 46.08(selling) this morning.

Fundamental & Technical Data

Economic Indicators-Local Time

13:00 EUR Retail Sales

22:00 USD Fed's Collins speech

22:00 USD Fed's Cook speech

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

1.1659

1.3381

149.28

18.19

1.1624

1.3349

148.56

18.12

1.1599

1.3324

148.06

18.02

1.1564

1.3292

147.34

17.94

1.1539

1.3267

146.84

17.84

1.1504

1.3235

146.12

17.76

1.1479

1.3210

145.62

17.66

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

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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.

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