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Daily Market Patrol

Market Patrol 04 November 2026

When it is dark enough, you can see the stars.

Ralph Waldo Emerson
Indicative Selling Rates
against MUR
USD
04 Nov 2026
  • AUD
  • 34.61
  • 0.7247
  • BWP
  • 3.76
  • 0.0787
  • CAD
  • 35.59
  • 1.3419
  • CNY
  • 7.53
  • 6.3426
  • DKK
  • 7.51
  • 6.3595
  • EUR
  • 53.65
  • 1.1233
  • HKD
  • 6.31
  • 7.5689
  • INR
  • 0.53
  • 90.3519
  • JPY
  • 30.26
  • 157.8321
  • KES
  • 37.97
  • 125.7835
  • NZD
  • 27.81
  • 0.5823
  • NOK
  • 5.30
  • 9.0113
  • SGD
  • 38.41
  • 1.2434
  • ZAR
  • 3.03
  • 15.7624
  • SEK
  • 5.07
  • 9.4201
  • CHF
  • 58.52
  • 1.2253
  • GBP
  • 64.28
  • 1.3459
  • USD
  • 47.76
  • 1.0000
  • AED
  • 13.40
  • 3.5642
The British Pound continued to rise while markets increasingly price in a Bank of England rate hike at their meeting tomorrow.
Fundamental News

EUR/USD

The Single currency drifted upward at $1.1229 with attention remaining on the U.S election results, with US September labour market data set to be released later this week.

GBP/USD

The British Pound continued to rise to $1.3451 as concerns over the UK’s fiscal outlook ease after recent budget updates, while markets increasingly price in a Bank of England rate hike at their meeting tomorrow.

USD/JPY

The Japanese Yen was still trading around 157.95 versus the greenback amid the market remains on alert as speculation persists over another possible intervention by Japanese authorities to prop up the Yen.

AUD/USD

The Australian Dollar jumped to $0.6977 despite Australia’s domestic services and composite PMIs slipped into contraction territory.

USD/CAD

The Canadian Dollar stayed unchanged at $1.3970 with President Donald Trump signaled that a U.S.-Canada trade deal was within reach, while Canadian Prime Minister Mark Carney said more work remained.

USD/ZAR

The South African Rand threaded within familiar territory at $16.60 as market is closely waiting for today's local municipal elections for indications of changing voter sentiment amid concerns over corruption, crime and the quality of public services.

USD/MUR

The Dollar–Rupee dropped by 23 cents to trade at 47.76 (selling) this morning. 

Fundamental & Technical Data
Economic Indicators-Local Time

12:15 PM EUR HCOB Services PMI (Oct)

12:55 PM EUR HCOB Composite PMI (Oct)

12:55 PM EUR HCOB Services PMI (Oct)

1:00 PM EUR HCOB Composite PMI (Oct)

2:00 PM EUR Core Harmonized Index of Consumer Prices (MoM) (Oct) Prel

2:00 PM EUR Core Harmonized Index of Consumer Prices (YoY) (Oct) Prel

2:00 PM EUR Harmonized Index of Consumer Prices (MoM) (Oct) Prel

2:00 PM EUR Harmonized Index of Consumer Prices (YoY) (Oct) Prel

5:15 PM USD ADP Employment Change (Oct)

5:20 PM EUR ECB's Lane speech

6:45 PM USD S&P Global Composite PMI (Oct)

7:00 PM USD ISM Services Employment Index (Oct)

7:00 PM USD ISM Services New Orders Index (Oct)

7:00 PM USD ISM Services PMI (Oct)

7:00 PM USD ISM Services Prices Paid (Oct)

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4%
28-Oct-2026
09-Dec-2026
European Central Bank
2.50%
29-Oct-2026
17-Dec-2026
Bank of England
3.75%
17-Sep-2026
05-Nov-2026
Bank of Japan
1.25%
30-Oct-2026
18-Dec-2026
Reserve Bank of Australia
4.85%
03-Nov-2026
08-Dec-2026
S.Africa Reserve Bank
7.25%
23-Sep-2026
25-Nov-2026
Reserve Bank of India
5.5%
06-Oct-2026
02-Dec-2026
Bank of Mauritius
4.75%
12-Aug-2026
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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
1.1236
1.3467
160.04
16.83
R2
1.1221
1.3449
159.40
16.75
R1
1.1205
1.3431
159.03
16.68
PP
1.1189
1.3413
158.38
16.61
S1
1.1173
1.3394
158.01
16.54
S2
1.1158
1.3377
157.37
16.47
S3
1.1142
1.3358
156.99
16.38
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.