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Daily Market Patrol

Market Patrol 05 November 2026

Life doesn't get easier or more forgiving, we get stronger and more resilient.

Steve Maraboli
Indicative Selling Rates
against MUR
USD
05 Nov 2026
  • AUD
  • 34.60
  • 0.7293
  • BWP
  • 3.77
  • 0.0795
  • CAD
  • 35.41
  • 1.3397
  • CNY
  • 7.50
  • 6.3253
  • DKK
  • 7.48
  • 6.3422
  • EUR
  • 53.44
  • 1.1265
  • HKD
  • 6.27
  • 7.5662
  • INR
  • 0.53
  • 90.1216
  • JPY
  • 30.04
  • 157.9228
  • KES
  • 37.74
  • 125.7022
  • NZD
  • 27.86
  • 0.5873
  • NOK
  • 5.26
  • 9.0190
  • SGD
  • 38.27
  • 1.2396
  • ZAR
  • 3.06
  • 15.5033
  • SEK
  • 5.07
  • 9.3570
  • CHF
  • 58.28
  • 1.2285
  • GBP
  • 64.02
  • 1.3495
  • USD
  • 47.44
  • 1.0000
  • AED
  • 13.32
  • 3.5616
The Euro maintained its upward momentum as Democrats gain control of the US Congress following the midterm vote.
Fundamental News

EUR/USD

The Single currency maintained its upward momentum to $1.1266 with the Greenback falling as Democrats gain control of the US Congress following the midterm vote.

GBP/USD

The British Pound advanced further to $1.3490 with attention turning to the Bank of England's interest rate announcement later this afternoon.

USD/JPY

The Japanese Yen remained well-supported at $157.98 as the BoJ minutes reinforce expectations of tighter policy.

AUD/USD

The Australian Dollar pushed higher to $0.7014 with expectations of a dovish RBA continuing to cap gains in the Australian Dollar ahead of the highly anticipated US Nonfarm Payrolls data tomorrow. 

USD/CAD

A hawkish Bank of Canada continued to provide support to the Canadian Dollar trading at $1.3947 this morning.

USD/ZAR

The South African Rand advanced to $16.3633 supported by early signs of a robust performance by the pro-business Democratic Alliance in local elections yesterday. 

USD/MUR

The Dollar–Rupee fell to 47.44 (selling rate) this morning following the Bank of Mauritius intervention. 

Fundamental & Technical Data
Economic Indicators-Local Time

2:00 PM EUR Producer Price Index (YoY) (Sep)

2:30 PM USD Challenger Job Cuts (Oct)

EUR ECB's President Lagarde speech

4:00 PM GBP BoE Interest Rate Decision

4:00 PM GBP BoE Minutes

4:00 PM GBP BoE Monetary Policy Report

5:30 PM USD Initial Jobless Claims

5:30 PM USD Nonfarm Productivity (Q3) Prel

5:30 PM USD Unit Labor Costs (Q3) Prel

5:50 PM USD Fed's Hammack speech

7:30 PM CAD BoC's Governor Macklem speech

7:40 PM EUR ECB's Lane speech

8:00 PM EUR ECB's President Lagarde speech

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
1.1370
1.3614
160.33
16.83
R2
1.1321
1.3558
159.53
16.72
R1
1.1273
1.3513
158.97
16.57
PP
1.1224
1.3457
158.17
16.47
S1
1.1176
1.3413
157.62
16.33
S2
1.1127
1.3357
156.82
16.23
S3
1.1079
1.3313
156.26
16.08
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.