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Daily Market Patrol

Market Patrol 03 November 2025

Respond to anger with virtue. Deal with difficulties while they are still easy. Handle the great while it is still small.

 

Lao Tzu
Indicative Selling Rates
against MUR
USD
03 Nov 2025
  • AUD
  • 31.94
  • 0.6877
  • BWP
  • 3.43
  • 0.0739
  • CAD
  • 34.07
  • 1.3633
  • CNY
  • 6.91
  • 6.7239
  • DKK
  • 7.37
  • 6.2986
  • EUR
  • 53.82
  • 1.1589
  • HKD
  • 6.19
  • 7.4965
  • INR
  • 0.55
  • 84.2737
  • JPY
  • 31.75
  • 146.2769
  • KES
  • 37.26
  • 124.6244
  • NZD
  • 27.90
  • 0.6008
  • NOK
  • 4.71
  • 9.8593
  • SGD
  • 37.08
  • 1.2524
  • ZAR
  • 2.82
  • 16.4755
  • SEK
  • 5.03
  • 9.2255
  • CHF
  • 59.98
  • 1.2916
  • GBP
  • 61.33
  • 1.3206
  • USD
  • 46.44
  • 1.0000
  • AED
  • 13.18
  • 3.5245
The Greenback was boosted by the hawkish guidance from the Federal Reserve.
Fundamental News

EUR/USD
The Euro nursed losses to a 3-month low of $1.1522 on Monday as the Fed’s hawkish guidance boosted the U.S. dollar.

GBP/USD
The Pound Sterling traded lower at $1.3142 this morning as U.K. fiscal concerns weigh on confidence.

USD/JPY
The Japanese Yen remained depressed at 154.20 against the greenback amid speculations that Japan's new PM Sanae Takaichi is set to pursue aggressive fiscal spending plans and resist policy tightening.

AUD/USD
The Australian dollar regained $0.6555 in the Asian session as market participants turned cautious ahead of Tuesday’s RBA policy decision, with the bank expected to hold rates after three earlier cuts.

USD/CAD
The Canadian dollar weakened to 1.4013 versus the greenback despite solid Oil prices as the Fed’s cautious tone lifted the U.S. dollar.

USD/ZAR
The South African rand edged higher to 17.29 against the USD ahead of the release of a local manufacturing PMI survey and vehicle sales numbers for October.

USD/MUR
The dollar-rupee gained 18 cents to 46.44 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

19:00 USD ISM Manufacturing Employment Index

19:00 USD ISM Manufacturing New Orders Index

19:00 USD ISM Manufacturing PMI

 

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
30-Oct-2025
Bank of England
4.00%
07-Aug-2025
06-Nov-2025
Bank of Japan
0.5%
30-Jul-2025
18-Dec-2025
Reserve Bank of Australia
3.6%
20-May-2025
04-Nov-2025
S.Africa Reserve Bank
7.0%
31-Jul-2025
20-Nov-2025
Reserve Bank of India
5.5%
06-Jun-2025
05-Dec-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
1.1625
1.3242
155.14
17.51
R2
1.1601
1.3204
154.78
17.45
R1
1.1569
1.3174
154.39
17.38
PP
1.1545
1.3136
154.03
17.32
S1
1.1513
1.3106
153.64
17.25
S2
1.1489
1.3068
153.28
17.19
S3
1.1457
1.3038
152.89
17.13
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.