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Treasury

Daily Market Patrol

Market Patrol 19 October 2026

You cannot escape the responsibility of tomorrow by evading it today.

Abraham Lincoln.
Indicative Selling Rates
against MUR
USD
19 Oct 2026
  • AUD
  • 34.74
  • 0.7247
  • BWP
  • 3.53
  • 0.0736
  • CAD
  • 35.35
  • 1.3562
  • CNY
  • 7.56
  • 6.3413
  • DKK
  • 7.54
  • 6.3581
  • EUR
  • 53.86
  • 1.1235
  • HKD
  • 6.33
  • 7.5735
  • INR
  • 0.53
  • 90.5041
  • JPY
  • 30.33
  • 158.0613
  • KES
  • 38.14
  • 125.6948
  • NZD
  • 28.19
  • 0.5880
  • NOK
  • 5.24
  • 9.1489
  • SGD
  • 38.56
  • 1.2433
  • ZAR
  • 3.07
  • 15.6156
  • SEK
  • 5.02
  • 9.5498
  • CHF
  • 58.18
  • 1.2136
  • GBP
  • 63.90
  • 1.3329
  • USD
  • 47.94
  • 1.0000
  • AED
  • 13.45
  • 3.5643
The British Pound remained supported by stronger-than-expected UK GDP growth and expectations of a potential Bank of England rate hike.
Fundamental News

EUR/USD

The Euro lost ground at $1.1220, pressured by violent cost-of-living protests in France that raised concerns about French bond-market stability.

GBP/USD

The British Pound remained supported at $1.3330 by stronger-than-expected UK GDP growth and expectations of a potential Bank of England rate hike.

USD/JPY

The Japanese Yen fell to $158 as BoJ’s cautious stance and the wide US-Japan rate gap weigh on the currency.

AUD/USD

The Aussie Dollar gained few pips to $0.6643 following release of China's Q3 GDP which showed GDP grew 4.5% year-over-year, topping market expectations of 4.4%.

USD/CAD

The Canadian Dollar traded near 1.4135 per US dollar as falling oil prices weighed on the commodity-linked currency, with Brent crude slipping amid expectations of increased Russian fuel exports.

USD/ZAR

The South African Rand’s outlook remains vulnerable at $16.4550, with market closely monitoring South Africa’s upcoming medium-term budget statement, which may have significant implications for public finances and the country’s credit rating.

USD/MUR

The Dollar–Rupee is unchanged at 47.94 (selling) this morning. 

Fundamental & Technical Data
Economic Indicators-Local Time

10:00 AM EUR ECB's Elderson speech

ZAR Business Confidence Index (Sep)

4:30 PM CAD BoC Consumer Price Index Core (YoY) (Sep)

4:30 PM CAD Consumer Price Index (YoY) (Sep)

6:30 PM CAD Bank of Canada Business Outlook Survey

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
5.5%
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
1.1335
1.3487
158.95
16.65
R2
1.1302
1.3429
158.64
16.59
R1
1.1270
1.3377
158.30
16.54
PP
1.1237
1.3319
157.99
16.47
S1
1.1205
1.3267
157.66
16.42
S2
1.1172
1.3208
157.35
16.35
S3
1.1140
1.3157
157.01
16.29
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.