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Daily Market Patrol

Market Patrol 05 October 2026

We don’t rise to the level of our expectations, we fall to the level of our training.

Archilochus
Indicative Selling Rates
against MUR
USD
05 Oct 2026
  • AUD
  • 34.82
  • 0.7215
  • BWP
  • 3.79
  • 0.0785
  • CAD
  • 35.21
  • 1.3706
  • CNY
  • 7.59
  • 6.3584
  • DKK
  • 7.55
  • 6.3921
  • EUR
  • 53.95
  • 1.1179
  • HKD
  • 6.37
  • 7.5761
  • INR
  • 0.53
  • 91.8888
  • JPY
  • 30.61
  • 157.6609
  • KES
  • 38.41
  • 125.6444
  • NZD
  • 28.08
  • 0.5818
  • NOK
  • 5.15
  • 9.3709
  • SGD
  • 38.75
  • 1.2454
  • ZAR
  • 3.05
  • 15.8230
  • SEK
  • 4.97
  • 9.7103
  • CHF
  • 58.18
  • 1.2056
  • GBP
  • 63.76
  • 1.3212
  • USD
  • 48.26
  • 1.0000
  • AED
  • 13.54
  • 3.5643
The Euro continued its downside following a hawkish stance from the Federal Reserve supporting the U.S dollar.
Fundamental News

EUR/USD

The Euro continued its downside to $1.1184 following a hawkish stance from the Federal Reserve supporting the U.S dollar.

GBP/USD

The British Pound edged lower to $1.3208 as the U.S Dollar gained traction ahead of key US ISM Services PMI data due this afternoon. 

USD/JPY

The Japanese Yen lowered to $157.97 with a soft U.S NFP print on Friday and ongoing geopolitical uncertainty continuing to underpin the U.S Dollar.

AUD/USD

The Aussie Dollar was little change against the US Dollar at 0.6938 despite market reacting to mounting fiscal challenges in France.

USD/CAD

The Canadian Dollar descended to $1.4284 amid weaker crude oil prices and expectations of a more accommodative BoC policy weighed on the Canadian Dollar.

USD/ZAR

The South African Rand was trading lower at $16.7309 while South African economic indicators were mixed, the August trade surplus of R20.5 billion came in stronger than expected.

USD/MUR

The Dollar–Rupee shot by 42cents rose to 49.28 (selling) this morning. 

Fundamental & Technical Data
Economic Indicators-Local Time

11:15 AM EUR HCOB Services PMI (Sep)

11:45 AM EUR ECB's Nagel speech

11:55 AM EUR HCOB Services PMI (Sep)

12:00 PM EUR ECB's Lane speech

12:30 PM EUR Sentix Investor Confidence (Oct)

1:00 PM EUR ECB's Schnabel speech

1:00 PM EUR Producer Price Index (MoM) (Aug)

5:45 PM USD S&P Global Composite PMI (Sep)

6:00 PM USD ISM Services PMI (Sep)

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4%
16-Sep-2026
28-Oct-2026
European Central Bank
2.50%
10-Sep-2026
29-Oct-2026
Bank of England
3.75%
17-Sep-2026
05-Nov-2026
Bank of Japan
1.25%
18-Sep-2026
30-Oct-2026
Reserve Bank of Australia
4.60%
29-Sep-2026
03-Nov-2026
S.Africa Reserve Bank
7.25%
23-Sep-2026
25-Nov-2026
Reserve Bank of India
5.25%
04-Dec-2025
06-Oct-2026
Bank of Mauritius
4.75%
12-Aug-2026
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Bulls & Bears Levels
Resistance and Support
Levels
EUR/USD
GBP/USD
USD/JPY
USD/ZAR
R3
1.1348
1.3341
159.66
16.91
R2
1.1316
1.3298
158.93
16.83
R1
1.1283
1.3267
158.39
16.74
PP
1.1252
1.3224
157.66
16.73
S1
1.1218
1.3192
157.12
16.65
S2
1.1187
1.3149
156.39
16.56
S3
1.1154
1.3117
155.84
16.47
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.