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Treasury

Daily Market Patrol

Market Patrol 25 May 2026

Coaches will eventually notice a great attitude, and they respect that. 

Heather O'Reilly
Indicative Selling Rates
against MUR
USD
25 May 2026
  • AUD
  • 35.71
  • 0.7441
  • BWP
  • 3.56
  • 0.0742
  • CAD
  • 36.17
  • 1.3268
  • CNY
  • 7.47
  • 6.4244
  • DKK
  • 7.81
  • 6.1447
  • EUR
  • 55.88
  • 1.1644
  • HKD
  • 6.35
  • 7.5575
  • INR
  • 0.53
  • 90.5472
  • JPY
  • 30.21
  • 158.8547
  • KES
  • 38.26
  • 125.4313
  • NZD
  • 29.29
  • 0.6103
  • NOK
  • 5.34
  • 8.9869
  • SGD
  • 38.68
  • 1.2407
  • ZAR
  • 3.09
  • 15.5307
  • SEK
  • 5.35
  • 8.9701
  • CHF
  • 61.39
  • 1.2792
  • GBP
  • 64.72
  • 1.3486
  • USD
  • 47.99
  • 1.0000
  • AED
  • 13.47
  • 3.5627
The Euro climbed as renewed optimism over a potential US-Iran peace deal improves risk sentiment and with the US market being closed today for Memorial day. 
Fundamental News

EUR/USD

The Euro climbed to 1.1640 against the greenback as renewed optimism over a potential US-Iran peace deal improves risk sentiment and with the US market being closed today for Memorial day. 

GBP/USD

The Pound Sterling rose to $1.3485 amid improve sentiment and lower oil prices, however, upside remains capped from weak UK economic data and softer Bank of England expectations.

USD/JPY

The Japanese Yen strengthened to $158.85 as markets expect a June BoJ rate hike despite softer-than-expected Japan CPI inflation data. 

AUD/USD

The Australian Dollar hopped to $0.7171, supported by improved global risk appetite and firmer commodity sentiment after easing Middle East tensions helped markets move into risk-on mode.

USD/CAD

The Canadian dollar traded lower to 1.3805 versus the greenback as declining oil prices weighed on the currency, while stronger Canadian Retail Sales data provided little support.

USD/ZAR

The South African Rand rand gained to 16.3413 with an expectation of a June BoJ rate hike despite softer-than-expected Japan CPI inflation data. 

USD/MUR

The Dollar–Rupee was trading lower at 47.99 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

5:00 PM EUR ECB's Sleijpen speech

5:00 PM USD Housing Price Index (MoM) (Mar)

6:00 PM USD Consumer Confidence (May)

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.0%
28-Oct-2025
09-Dec-2025
European Central Bank
2.00%
24-Jun-2025
18-Dec-2025
Bank of England
4.00%
07-Aug-2025
18-Dec-2025
Bank of Japan
0.5%
30-Jul-2025
19-Dec-2025
Reserve Bank of Australia
3.6%
20-May-2025
09-Dec-2025
S.Africa Reserve Bank
6.75%
20-Nov-2025
29-Jan-2026
Reserve Bank of India
5.5%
06-Jun-2025
05-Dec-2025
Bank of Mauritius
4.50%
04-Feb-2025
18-Dec-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
1.1650
1.3505
159.70
16.66
R2
1.1635
1.3483
159.46
16.58
R1
1.1618
1.3455
159.32
16.54
PP
1.1603
1.3433
159.08
16.46
S1
1.1586
1.3405
158.95
16.42
S2
1.1570
1.3384
158.71
16.34
S3
1.1554
1.3355
158.57
16.30
Technical Analysis - Forex Charts
EUR/USD Technical Views- Double Zig-Zag (WXY) Structure; Larger-Degree Wave X Still Unfolding
Chart updated on 29.04.2026
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 Devisha Ramsurrun
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.