Market Patrol 29 Jul 2026 - AfrAsia Bank Mauritius

Click icon again to close

Below is a list of some popular pages

Market Patrol 29 Jul 2026

The journey of a thousand miles begins with one step.

Lao Tzu

Indicative Selling Rates
against MUR
USD

30 Jul 2026

AUD
34.63
0.7225

BWP
3.46
0.0722

CAD
35.51
1.3498

CNY
7.48
6.4078

DKK
7.67
6.2490

EUR
54.89
1.1452

HKD
6.33
7.5719

INR
0.53
91.2257

JPY
29.32
163.4720

KES
38.26
125.2744

NZD
28.92
0.6034

NOK
5.14
9.3249

SGD
38.25
1.2531

ZAR
3.03
15.8185

SEK
5.14
9.3249

CHF
58.80
1.2268

GBP
63.99
1.3351

USD
47.93
1.0000

AED
13.45
3.5636

The Japanese Yen held firm ahead of Tokyo inflation and labor market data due later this week.

Fundamental News

EUR/USD

The Euro remained supported, trading at $1.1400 on the back of the European Central Bank's guidance pointing to a potential September rate hike, further boosting the currency ahead of the Federal Reserve's policy decision.

GBP/USD

The Pound Sterling hovered near 1.3300 against the US Dollar as investors awaited the UK's Consumer Credit and Mortgage Approvals data later today, ahead of the Bank of England's policy decision tomorrow and the Federal Reserve's interest rate announcement.

USD/JPY

The Japanese Yen held firm at $163.35 ahead of Tokyo inflation and labor market data due later this week, with markets watching oil price movements and the Federal Reserve’s policy decision for further direction.

AUD/USD

The Australian Dollar weakened to $0.6955 after June CPI eased to 3.8% YoY, reducing immediate pressure on the Reserve Bank of Australia for further rate hikes.

USD/CAD

The Canadian Dollar remained underpinned at $1.4090 by firmer oil prices ahead of the Fed decision, while a cautious Bank of Canada outlook and expectations for a softer policy path at its meeting tomorrow cap further upside.

USD/ZAR

The South African Rand shed some gains at $16.7180 as data released on the last trading session showed South Africa’s composite leading business cycle indicator fell 0.3% month-on-month in May, while weaker gold prices and a stronger US Dollar continue to weigh on the currency.

USD/MUR

The Dollar–Rupee softened to 48.11 (selling) this morning.

Fundamental & Technical Data

Economic Indicators-Local Time

9:30 PM CAD BoC Summary of Deliberations

10:00 PM USD Fed Interest Rate Decision

10:00 PM USD Fed Monetary Policy Statement

10:30 PM USD FOMC Press Conference

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

1.1460

1.3345

164.36

16.98

1.1432

1.3327

164.15

16.90

1.1408

1.3307

163.99

16.79

1.1380

1.3290

163.78

16.75

1.1356

1.3269

163.63

16.70

1.1328

1.3252

163.42

16.61

1.1304

1.3231

163.26

16.53

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

Previous View Market Patrol Archives Next

Weekly Market Update by Devisha Ramsurrun

Listen

Speak to our team

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

Treasury

Daily Market Patrol