Market Patrol 01 Jun 2026 - AfrAsia Bank Mauritius

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Market Patrol 01 Jun 2026

Someone is sitting in the shade today because someone planted a tree a long time ago

Warren Buffett

Indicative Selling Rates
against MUR
USD

01 Jun 2026

AUD
35.83
0.7455

BWP
3.57
0.0743

CAD
36.20
1.3276

CNY
7.49
6.4166

DKK
7.82
6.1458

EUR
55.98
1.1648

HKD
6.13
7.8401

INR
0.51
94.2353

JPY
30.14
159.4559

KES
38.35
125.3194

NZD
29.78
0.6196

NOK
5.35
8.9832

SGD
38.72
1.2412

ZAR
3.12
15.4038

SEK
5.38
8.9331

CHF
61.39
1.2774

GBP
64.67
1.3456

USD
48.06
1.0000

AED
13.49
3.5626

Fundamental News

EUR/USD

The Euro started the US NFP week cautiously around 1.1645 with market participants closely assessing the highly fluid developments surrounding United States-Iran peace negotiations.

GBP/USD

The Pound Sterling held steady near 1.3460 after BoE governor Andrew Bailey said on Friday that the UK central bank is in no rush to raise interest rates while the outcome of the Iran war remains uncertain and the UK’s growth rate stays weak.

USD/JPY

The Japanese Yen declined to 159.45 after data showed that Japan's corporate Capital Spending flatlined in the first quarter, falling short of market expectations.

AUD/USD

The Australian firmed at 0.7188 after the slower-than-expected drop in China's RatingDog Manufacturing PMI data.

USD/CAD

The Canadian dollar weakened to 1.3810 after Canada's Q1 GDP contracts 0.1%, marking a second consecutive quarter of negative growth.

USD/ZAR

The South African rand remained relatively resilient at 16.22 thanks to strong precious metal prices, particularly gold.

USD/MUR

The Dollar–Rupee fell by 2 cents to 48.06 (selling) this morning.

Fundamental & Technical Data

Economic Indicators-Local Time

11:00 AM CHF Gross Domestic Product (QoQ) (Q1)

11:55 AM EUR HCOB Manufacturing PMI (May)

1:00 PM EUR Unemployment Rate (Apr)

6:00 PM USD ISM Manufacturing PMI (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

1.1749

1.3566

159.66

16.37

1.1717

1.3525

159.51

16.32

1.1688

1.3489

159.38

16.27

1.1656

1.3448

159.23

16.22

1.1627

1.3412

159.10

16.17

1.1595

1.3371

158.95

16.12

1.1566

1.3335

158.82

16.07

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

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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.

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