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Daily Market Patrol

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Market Patrol 02 Jun 2026

To acquire knowledge, one must study; but to acquire wisdom, one must observe.

Marilyn vos Savant
Indicative Selling Rates
against MUR
USD
02 Jun 2026
  • AUD
  • 35.75
  • 0.7429
  • BWP
  • 3.56
  • 0.0740
  • CAD
  • 36.16
  • 1.3308
  • CNY
  • 7.51
  • 6.4075
  • DKK
  • 7.82
  • 6.1535
  • EUR
  • 55.99
  • 1.1635
  • HKD
  • 6.36
  • 7.5660
  • INR
  • 0.53
  • 90.7925
  • JPY
  • 30.13
  • 159.7079
  • KES
  • 38.39
  • 125.3451
  • NZD
  • 29.63
  • 0.6158
  • NOK
  • 5.33
  • 9.0281
  • SGD
  • 38.73
  • 1.2424
  • ZAR
  • 3.11
  • 15.4727
  • SEK
  • 5.35
  • 8.9944
  • CHF
  • 61.21
  • 1.2720
  • GBP
  • 64.77
  • 1.3460
  • USD
  • 48.12
  • 1.0000
  • AED
  • 13.50
  • 3.5644
Fundamental News

EUR/USD

The Euro weakened to 1.1635 as Iran announced a halt to US negotiations and a full closure of the Strait of Hormuz.

GBP/USD

The Pound Sterling held steady around 1.3460, with little on the UK calendar to drive moves this week. Market attention remains firmly on developments in the Middle East and the potential impact of higher energy prices.

USD/JPY

The Japanese Yen remained under pressure at 159.75 as rising energy prices and Middle East tensions continue to weigh on the currency while intervention fears fade.

AUD/USD

The Australian weakened to 0.7165 as weak Australian Company Gross Operating Profits and Current Account data for the first quarter weigh on the Australian Dollar.

USD/CAD

The Canadian dollar weakened to 1.3845 after data showed Canada’s manufacturing activity slowed in May as recession concerns linger.

USD/ZAR

The South African rand weakened to 16.26 as investors weighed the risk of higher oil prices due to escalating Middle East tensions, which could worsen South Africa’s import bill and inflation outlook.

USD/MUR

The Dollar–Rupee rose by 6 cents to 48.12 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

12:30 PM GBP  Mortgage Approvals (Apr)

1:00 PM  EUR  Core Harmonized Index of Consumer Prices (MoM) (May) Prel

1:00 PM  EUR  Core Harmonized Index of Consumer Prices (YoY) (May) Prel

1:00 PM  EUR  Harmonized Index of Consumer Prices (YoY) (May) Prel

6:00 PM  GBP  BoE's Governor Bailey 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
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
1.1718
1.3551
160.29
16.58
R2
1.1691
1.3513
160.02
16.49
R1
1.1660
1.3482
159.83
16.40
PP
1.1633
1.3444
159.56
16.30
S1
1.1602
1.3413
159.37
16.21
S2
1.1575
1..3375
159.09
16.11
S3
1.1543
1.3343
158.90
16.02
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
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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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