Click icon again to close
Type to search
Below is a list of some popular pages

Treasury

Daily Market Patrol

Back to Treasury Insights
Market Patrol 27 May 2026

It always seems impossible until it's done. 

Nelson Mandela
Indicative Selling Rates
against MUR
USD
29 May 2026
  • AUD
  • 35.73
  • 0.7431
  • BWP
  • 3.56
  • 0.0740
  • CAD
  • 36.27
  • 1.3256
  • CNY
  • 7.49
  • 6.4192
  • DKK
  • 7.82
  • 6.1483
  • EUR
  • 55.96
  • 1.1639
  • HKD
  • 6.36
  • 7.5597
  • INR
  • 0.53
  • 90.7170
  • JPY
  • 30.18
  • 159.3108
  • KES
  • 38.35
  • 125.3716
  • NZD
  • 29.73
  • 0.6183
  • NOK
  • 5.35
  • 8.9869
  • SGD
  • 38.74
  • 1.2411
  • ZAR
  • 3.12
  • 15.4103
  • SEK
  • 5.38
  • 8.9368
  • CHF
  • 61.32
  • 1.2754
  • GBP
  • 64.61
  • 1.3438
  • USD
  • 48.08
  • 1.0000
  • AED
  • 13.49
  • 3.5641
The South African Rand rand remained pressured by ongoing concerns around South Africa’s fiscal outlook and power supply reliability.
Fundamental News

EUR/USD

The Euro advanced to $1.1643 on hawkish sentiment surrounding ECB outlook. ECB's Francois Villeroy de Galhau stated that the central bank will do whatever is necessary to hit inflation targets.

GBP/USD

The Pound Sterling softened to $1.3450 mainly on renewed expectations that the Bank of England could lean more dovish as UK growth concerns and softer inflation trends continue to build.

USD/JPY

The Japanese Yen traded cautiously around 159.25 against the US dollar amid intervention risks where potential of further intervention from Japanese officials might underpin the currency.

AUD/USD

The Australian Dollar was weak at $0.7150 after softer-than-expected headline annual Australian Consumer Price Index diminished the odds of an RBA rate hike.

USD/CAD

The Canadian dollar held steady at 1.3810 versus the greenback as market stay cautious ahead of upcoming Canadian inflation and growth data.

USD/ZAR

The South African Rand rand remained pressured around $16.36 by ongoing concerns around South Africa’s fiscal outlook and power supply reliability.

USD/MUR

The Dollar–Rupee dropped by 2 cents to 48.02 (selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

12:00 PM CHF ZEW Survey – Expectations (May)

12:00 PM USD Fed's Logan speech

4:15 PM USD ADP Employment Change 4-week average

11:55 PM USD Fed's Cook 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
R3
1.1671
1.3558
160.08
16.55
R2
1.1658
1.3531
159.72
16.48
R1
1.1642
1.3487
159.50
16.43
PP
1.1629
1.3460
159.15
16.36
S1
1.1613
1.3417
158.92
16.30
S2
1.1600
1.3390
158.57
16.23
S3
1.1584
1.3346
158.35
16.18
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
Previous View Market Patrol Archives Next
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

AfrAsia Bank uses cookies to improve your user experience. By continuing on this website without changing your settings, you will be providing us with your consent to receive all cookies.
For more information, please visit our privacy policy and cookie policy.

Accept and close