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Market Patrol 04 Jun 2026

Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome.

Booker T. Washington
Indicative Selling Rates
against MUR
USD
05 Jun 2026
  • AUD
  • 35.69
  • 0.7394
  • BWP
  • 3.58
  • 0.0742
  • CAD
  • 36.12
  • 1.3364
  • CNY
  • 7.51
  • 6.4274
  • DKK
  • 7.83
  • 6.1648
  • EUR
  • 56.07
  • 1.1616
  • HKD
  • 6.38
  • 7.5658
  • INR
  • 0.53
  • 91.3340
  • JPY
  • 30.18
  • 159.9404
  • KES
  • 38.54
  • 125.2465
  • NZD
  • 29.38
  • 0.6087
  • NOK
  • 5.32
  • 9.0733
  • SGD
  • 38.65
  • 1.2489
  • ZAR
  • 3.11
  • 15.5209
  • SEK
  • 5.33
  • 9.0563
  • CHF
  • 61.19
  • 1.2677
  • GBP
  • 64.83
  • 1.3431
  • USD
  • 48.27
  • 1.0000
  • AED
  • 13.54
  • 3.5650
The Euro weakened as upbeat US data and Middle East tensions add pressure to the currency.
Fundamental News

EUR/USD

The Euro weakened to $1.1605 as upbeat US data and Middle East tensions add pressure to the currency.

GBP/USD

The Pound Sterling fell to $1.3425, weighed down by expectations that the Bank of England remains in no rush to tighten policy, leaving the GBP vulnerable.

USD/JPY

The Japanese Yen traded cautiously around 159.90 versus the greenback as market remain alert for possible Japanese intervention if the Japanese Yen weakness accelerates further.

AUD/USD

The Australian dollar rose modestly following Australia’s Trade Balance improved to a surplus of $1.791 billion in April. However, the currency later pared its gains and traded lower at $0.7125.

USD/CAD

The Canadian dollar softened to 1.3905 against the US dollar amid slowing domestic growth.

USD/ZAR

The South African rand slid to $16.3535 with South Africa’s private sector contracted in May due to falling output and new orders amid increasing fuel costs.

USD/MUR

The Dollar–Rupee drifted upward at 48.29 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

12:00 PM EUR ECB's President Lagarde speech

2:00 PM EUR Retail Sales (YoY) (Apr)

3:30 PM USD Challenger Job Cuts (May)

4:30 PM USD Initial Jobless Claims

4:30 PM USD Nonfarm Productivity (Q1)

4:30 PM USD Unit Labor Costs (Q1)

7:40 PM GBP BoE's Governor Bailey speech

9:10 PM USD Fed's Daly 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
1.3515
161.01
16.61
R2
1.1691
1.3498
160.54
16.50
R1
1.1660
1.3480
160.29
16.43
PP
1.1633
1.3432
159.82
16.31
S1
1.1611
1.3393
159.56
16.24
S2
1.1591
1.3372
159.10
16.12
S3
1.1568
1.3334
158.84
16.05
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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