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Treasury

Daily Market Patrol

Market Patrol 9th September 2025

When there is no good health, dream suffers setback, and several things cease to take effect.

Abas Obat
Indicative Selling Rates
against MUR
USD
11 Sep 2025
  • AUD
  • 31.37
  • 0.6817
  • BWP
  • 3.78
  • 0.0821
  • CAD
  • 34.09
  • 1.3498
  • CNY
  • 6.84
  • 6.7251
  • DKK
  • 7.41
  • 6.2096
  • EUR
  • 54.08
  • 1.1753
  • HKD
  • 6.05
  • 7.6091
  • INR
  • 0.54
  • 85.5997
  • JPY
  • 32.21
  • 142.8432
  • KES
  • 36.64
  • 125.5674
  • NZD
  • 28.07
  • 0.6101
  • NOK
  • 4.75
  • 9.6798
  • SGD
  • 36.86
  • 1.2483
  • ZAR
  • 2.77
  • 16.6322
  • SEK
  • 5.06
  • 9.0930
  • CHF
  • 58.66
  • 1.2750
  • GBP
  • 62.53
  • 1.3591
  • USD
  • 46.01
  • 1.0000
  • AED
  • 13.06
  • 3.5230
The Shared currency surged on expectations that the ECB to keep rates unchanged
Fundamental News

EUR/USD

The shared currency surged to $1.1774, as market expects the ECB to keep rates unchanged for the second consecutive meeting on Thursday, supported by steady growth and inflation hovering near the target.

GBP/USD

The Pound Sterling roared to $1.3572 bolstered by the general market sentiment of an interest rate cut at the Federal Reserve this month.

USD/JPY

The yen oscillated at 147.04 against the U.S. dollar amid BoJ rate hike bets.

AUD/USD
The Australian dollar darted higher to $0.6607 despite a downbeat Australia Westpac Consumer Sentiment data released this morning.

USD/CAD

The Loonie propelled at 1.3795 against the U.S dollar sparked by an uptick in Crude Oil prices.

USD/ZAR
The South African rand escalated to 17.49 against the greenback ahead of local Gross Domestic data

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

Fundamental & Technical Data
Economic Indicators-Local Time

13.30 EUR German 10-year Bund Auction 

13.30 ZAR GDP Annualized

14.00 EUR Eurogroup Meetings

15.30 EUR German Buba President Nagel 

18.00 USD Payrolls Benchmark

20.00 USD EIA Short Term Energy Outlook

21.00 USD 3-Year Note Auction

 

 

 

 

 

 

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
1.1847
1.3649
149.53
17.92
R2
1.1807
1.3603
149.06
17.85
R1
1.1785
1.3574
148.29
17.75
PP
1.1745
1.3528
147.82
17.71
S1
1.1723
1.3499
147.05
17.66
S2
1.1683
1.3453
146.58
17.59
S3
1.1661
1.3424
145.81
17.30
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 Keshav Anghraj Callychurn
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.