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Treasury

Daily Market Patrol

Market Patrol 05 November 2025

To realize that you do not understand is a virtue; not to realize that you do not understand is a defect.

 

Lao Tzu
Indicative Selling Rates
against MUR
USD
06 Nov 2025
  • AUD
  • 31.76
  • 0.6837
  • BWP
  • 3.46
  • 0.0746
  • CAD
  • 33.86
  • 1.3719
  • CNY
  • 6.90
  • 6.7320
  • DKK
  • 7.36
  • 6.3115
  • EUR
  • 53.71
  • 1.1562
  • HKD
  • 6.19
  • 7.4980
  • INR
  • 0.55
  • 84.1107
  • JPY
  • 31.76
  • 146.2334
  • KES
  • 37.33
  • 124.4385
  • NZD
  • 27.62
  • 0.5947
  • NOK
  • 4.67
  • 9.9396
  • SGD
  • 36.99
  • 1.2559
  • ZAR
  • 2.81
  • 16.5458
  • SEK
  • 5.00
  • 9.2892
  • CHF
  • 59.65
  • 1.2842
  • GBP
  • 60.97
  • 1.3126
  • USD
  • 46.45
  • 1.0000
  • AED
  • 13.18
  • 3.5244
The Greenback was on the front foot ahead of U.S. ADP data.
Fundamental News

EUR/USD
The Euro traded around 3-month lows, at $1.1488, this morning as focus shifted to ISM Services PMI, while the U.S. government shutdown nears record.

GBP/USD
The Pound Sterling declined significantly to $1.3027 as U.K. Finance Minister Rachel Reeves hinted at broad tax rises in her budget later this month.

USD/JPY
The Japanese Yen tumbled to 153.72 against the greenback undermined by easing risk-off flows, which diminish the Asian currency's demand as a safe haven.

AUD/USD
The Australian dollar recouped intraday losses to trade at $0.6491 after China’s Finance Ministry announced that it will lift some tariffs on U.S. agricultural products starting November 10.

USD/CAD
The Canadian dollar fell to its lowest level in seven months at 1.4114 against its U.S. counterpart as Oil prices pulled back from recent highs.

USD/ZAR
The South African rand stabilized at 17.49 against the U.S. dollar ahead of U.S. private payroll data due later today.

USD/MUR
The dollar-rupee gained 13 cents to trade at 46.48 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

12:55 EUR German HCOB Composite PMI

12:55 EUR German HCOB Services PMI

13:00 EUR Eurozone HCOB Composite PMI

14:00 EUR ECB's Nagel speech

14:00 EUR ECB's Villeroy speech

14:00 EUR Eurozone Producer Price Index

17:15 USD ADP Employment Change

18:45 USD S&P Global Composite PMI

19:00 USD ISM Services Employment Index

19:00 USD ISM Services New Orders Index

19:00 USD ISM Services PMI

19:00 USD ISM Services Prices Paid

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
1.1581
1.3244
155.48
17.86
R2
1.1557
1.3195
154.98
17.70
R1
1.1520
1.3108
154.32
17.62
PP
1.1496
1.3059
153.82
17.46
S1
1.1459
1.2972
153.16
17.37
S2
1.1435
1.2923
152.66
17.21
S3
1.1398
1.2836
152.00
17.12
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.