Market Patrol 05 March 2026 - AfrAsia Bank Mauritius

Internet Banking

Click icon again to close

Below is a list of some popular pages

Market Patrol 05 March 2026

Today is your opportunity to build the tomorrow you want.

Ken Poirot

Indicative Selling Rates
against MUR
USD

05 Mar 2026

AUD
35.23
0.7366

BWP
3.55
0.0742

CAD
36.68
1.3039

CNY
7.37
6.4889

DKK
7.78
6.1474

EUR
55.80
1.1666

HKD
6.34
7.5472

INR
0.55
86.9088

JPY
32.05
149.2562

KES
38.31
124.8396

NZD
29.65
0.6200

NOK
5.16
9.2656

SGD
38.87
1.2305

ZAR
3.06
15.6510

SEK
5.44
8.7940

CHF
63.55
1.3288

GBP
64.08
1.3398

USD
47.83
1.0000

AED
13.56
3.5283

The Australian dollar advanced after Q4 GDP beat forecasts, but gains were limited as January’s trade surplus fell below expectations.

Fundamental News

EUR/USD

The Euro yoyoed within familiar territory at 1.1593 vis-à-vis the U.S dollar with the Middle East tensions drove investors to safe-haven assets, while the market await Eurozone Retail Sales and US weekly Jobless Claims due today.

GBP/USD

The Pound Sterling stayed put at 1.3312 versus the greenback amid UK stagflation fears driven by surging energy prices.

USD/JPY

The Japanese Yen progressed slightly to $157.24 as market sought the safe-haven currency amid rising Middle East tensions.

AUD/USD

The Australian dollar advanced to $0.7041 after Q4 GDP beat forecasts, but gains were limited as January’s trade surplus fell below expectations.

USD/CAD

The Canadian Dollar gained to $1.3668 as higher oil prices, driven by fears of supply disruptions in the Strait of Hormuz, supported the currency.

USD/ZAR

The South African Rand did little change trading at 16.4652 against the U.S dollar in response to the US-Israel conflict with Iran that intensified over the past weekend.

USD/MUR

The Dollar-Rupee is unchanged at 47.83 (selling) this morning.

Fundamental & Technical Data

Economic Indicators-Local Time

12:50 PM EUR ECB's De Guindos speech

2:00 PM EUR Retail Sales (MoM) (Jan)

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

4:30 PM EUR ECB Monetary Policy Meeting Accounts

4:30 PM USD Challenger Job Cuts (Feb)

5:30 PM USD Initial Jobless Claims

5:30 PM USD Nonfarm Productivity (Q4) Prel

5:30 PM USD Unit Labor Costs (Q4) Prel

8:00 PM EUR ECB's Kocher speech

9:00 PM EUR ECB's President Lagarde speech

10:15 PM USD Fed's Bowman 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

1.1750

1.3516

158.66

16.88

1.1702

1.3460

158.27

16.75

1.1670

1.3417

157.65

16.54

1.1622

1.3361

157.26

16.39

1.1590

1.3318

156.64

16.21

1.1542

1.3262

156.25

16.08

1.1510

1.3219

155.63

15.87

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

Previous View Market Patrol Archives

Weekly Market Update by Devisha Ramsurrun

Listen

Speak to our team

Allan Juste

Head - Forex And Derivatives

+230 5251 4855

Email
Reshma Peerun Rajwani

Head – Treasury Sales

+230 403 5500

Email

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.

Become a client

Rates & Fees

View all rates and fees

Application Forms

REGULATORY BODY GUIDELINES

View all regulatory body guidelines View our security tips

Our Shareholders

Swift Code AFBLMUMU

AfrAsia Bank Limited is licensed and regulated by the Bank of Mauritius and the Financial Services Commission.

AfrAsia Bank Limited is regulated by the South African Reserve Bank and the Financial Sector Conduct Authority (FSP 52012)

AfrAsia Bank Limited (Dubai Branch) is regulated by DFSA.

Copyright 2026 AfrAsia Bank Limited. Designed by FRCI

Treasury

Daily Market Patrol