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Treasury

Daily Market Patrol

Market Patrol 04 November 2025

If you want to conquer fear, don't sit home and think about it. Go out and get busy.

 

Dale Carnegie
Indicative Selling Rates
against MUR
USD
05 Nov 2025
  • AUD
  • 31.68
  • 0.6816
  • BWP
  • 3.48
  • 0.0750
  • CAD
  • 33.86
  • 1.3728
  • CNY
  • 6.90
  • 6.7354
  • DKK
  • 7.35
  • 6.3206
  • EUR
  • 53.67
  • 1.1546
  • HKD
  • 6.20
  • 7.4984
  • INR
  • 0.55
  • 84.2585
  • JPY
  • 31.88
  • 145.8052
  • KES
  • 37.35
  • 124.4412
  • NZD
  • 27.59
  • 0.5936
  • NOK
  • 4.67
  • 9.9428
  • SGD
  • 36.97
  • 1.2573
  • ZAR
  • 2.79
  • 16.6366
  • SEK
  • 5.00
  • 9.3019
  • CHF
  • 59.67
  • 1.2837
  • GBP
  • 60.82
  • 1.3085
  • USD
  • 46.48
  • 1.0000
  • AED
  • 13.19
  • 3.5245
The Bank of Mauritius adjusts the dollar-rupee lower.
Fundamental News

EUR/USD
The Euro edged lower to $1.1513 ahead of ECB President Lagarde's speech, which is expected to provide more guidance on the Bank's policy outlook following last week's rate hold.

GBP/USD
The Pound Sterling traded just above six-month lows at $1.3120 in the morning session as market participants seem to be in a wait-and-see mode before Thursday's BoE policy update.

USD/JPY
The Japanese Yen gained ground to 153.55 against the greenback after Finance Minister Satsuki Katayama reiterated that authorities are monitoring rising volatility in foreign exchange markets with a strong sense of urgency, warning against sharp, one-sided currency moves.

AUD/USD
The Australian dollar retained its negative bias to trade at $0.6507 after the RBA kept its cash rate unchanged at 3.60% earlier today, as expected.

USD/CAD
The Canadian dollar dropped to 1.4067 against its U.S. counterpart amid lower crude oil prices and as traders dialled back bets for further Federal Reserve rate cuts this year.

USD/ZAR
The South African rand fell to 17.37 against the U.S. dollar after the release of a sluggish manufacturing purchasing managers' index survey and vehicle sales numbers for the month of October.

USD/MUR
The dollar-rupee shed 9 cents to 46.35 (selling) following the Bank of Mauritius's intervention.

Fundamental & Technical Data
Economic Indicators-Local Time

11:40 EUR ECB's President Lagarde speech

13:45 EUR ECB's President Lagarde speech

15:35 USD Fed's Bowman speech

15:40 GBP BoE's Breeden speech

19:00 USD Factory Orders

19:00 USD JOLTS Job Openings

21:00 EUR ECB's Nagel speech

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
1.1575
1.3217
154.77
17.42
R2
1.1558
1.3190
154.53
17.39
R1
1.1539
1.3164
154.38
17.35
PP
1.1522
1.3137
154.14
17.31
S1
1.1503
1.3111
153.99
17.27
S2
1.1486
1.3084
153.75
17.24
S3
1.1467
1.3058
153.60
17.20
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.