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Treasury

Daily Market Patrol

Market Patrol 12 October 2026

The journey of a thousand miles begins with a single step.

Lao Tzu
Indicative Selling Rates
against MUR
USD
12 Oct 2026
  • AUD
  • 35.00
  • 0.7249
  • BWP
  • 3.60
  • 0.0746
  • CAD
  • 35.26
  • 1.3693
  • CNY
  • 7.60
  • 6.3526
  • DKK
  • 7.57
  • 6.3778
  • EUR
  • 54.11
  • 1.1208
  • HKD
  • 6.37
  • 7.5793
  • INR
  • 0.53
  • 91.3529
  • JPY
  • 30.49
  • 158.3470
  • KES
  • 38.43
  • 125.6310
  • NZD
  • 28.16
  • 0.5833
  • NOK
  • 5.20
  • 9.2846
  • SGD
  • 38.82
  • 1.2437
  • ZAR
  • 3.08
  • 15.6753
  • SEK
  • 5.01
  • 9.6367
  • CHF
  • 58.15
  • 1.2044
  • GBP
  • 63.95
  • 1.3246
  • USD
  • 48.28
  • 1.0000
  • AED
  • 13.55
  • 3.5631
The euro traded cautiously as markets remain wary amid escalating Middle East tensions and uncertainty over France’s fiscal outlook.
Fundamental News

EUR/USD

The euro traded cautiously around $1.1200 as markets remain wary amid escalating Middle East tensions and uncertainty over France’s fiscal outlook.

GBP/USD

The Pound Sterling dropped few pips to $1.3235 as markets are now watching upcoming UK GDP data, US inflation figures and Bank of England Governor Andrew Bailey’s comments for fresh direction.

USD/JPY

The Japanese Yen fell to $158.40 amid Japanese holiday and dovish BoJ signals.

AUD/USD

The Australian dollar remained vulnerable around $0.6975 as markets are reducing expectations of another RBA rate hike in November.

USD/CAD

The Canadian Dollar weakened to $1.4260 as crude oil prices fell further.

USD/ZAR

The rand showed signs of recovery to trade at $16.50, supported by softer oil prices and stronger precious metals, despite recent persistent inflation risks and weak manufacturing data.

USD/MUR

The Dollar–Rupee traded higher by 12 cents to 48.28 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

1:30 PM GBP BoE's Breeden speech

2:00 PM EUR ECB's Vujčić speech

4:50 PM GBP BoE's Mann speech

8:50 PM USD Fed's Hammack speech

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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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
1.1289
1.3295
159.22
16.67
R2
1.1266
1.3272
158.82
16.64
R1
1.1234
1.3251
158.54
16.57
PP
1.1210
1.3228
158.14
16.53
S1
1.1178
1.3206
157.86
16.50
S2
1.1155
1.3183
157.46
16.49
S3
1.1123
1.3162
157.18
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.