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Treasury

Daily Market Patrol

Market Patrol 11 February 2026

A positive attitude causes a chain reaction of positive thoughts, events and outcomes. It is a catalyst and it sparks extraordinary results. 

Wade Boggs
Indicative Selling Rates
against MUR
USD
11 Feb 2026
  • AUD
  • 34.32
  • 0.7439
  • BWP
  • 3.82
  • 0.0829
  • CAD
  • 35.75
  • 1.2902
  • CNY
  • 7.10
  • 6.4926
  • DKK
  • 7.70
  • 5.9883
  • EUR
  • 55.20
  • 1.1965
  • HKD
  • 6.12
  • 7.5343
  • INR
  • 0.54
  • 85.8406
  • JPY
  • 31.69
  • 145.5603
  • KES
  • 37.04
  • 124.5497
  • NZD
  • 29.25
  • 0.6342
  • NOK
  • 5.06
  • 9.1126
  • SGD
  • 37.93
  • 1.2163
  • ZAR
  • 3.04
  • 15.1879
  • SEK
  • 5.45
  • 8.4688
  • CHF
  • 62.46
  • 1.3541
  • GBP
  • 63.32
  • 1.3725
  • USD
  • 46.13
  • 1.0000
  • AED
  • 13.09
  • 3.5234
The Euro stayed put even though U.S retail sales data came in weaker than expected yesterday afternoon.
Fundamental News

EUR/USD

The Euro stayed put at 1.1910 against the greenback after Fed officials signaled they are not in a hurry to cut interest rates, even though U.S retail sales data came in weaker than expected yesterday afternoon. 

GBP/USD

The Pound Sterling slightly dropped to 1.3665 amid growing political uncertainty in the U.K and increasing expectations that the Bank of England could cut interest rates soon.

USD/JPY

The Japanese yen edged higher to 153.20 against its U.S. counterpart ,supported by the widening gap between Bank of Japan and Federal Reserve policies.

AUD/USD

The Australian dollar picked up further strength to 0.7110 after China’s consumer prices rose 0.2% in January compared to last year.

USD/CAD

The Canadian dollar rose to its highest level in nearly two weeks at 1.3520 supported by rising crude oil prices.

USD/ZAR

 

The South African Rand climbed to 15.8795 against the USD despite being pressured by a pullback in precious metal prices whilst investors looking ahead for the figures on mining and manufacturing expected to be published tomorrow.

USD/MUR

The Dollar-Rupee remained steady at 46.13 on the selling side this morning. 

 



Fundamental & Technical Data
Economic Indicators-Local Time

2:20 PM EUR ECB's Cipollone speech

5:30 PM USD Average Hourly Earnings (MoM) (Jan)

5:30 PM USD Average Hourly Earnings (YoY) (Jan)

5:30 PM USD Labor Force Participation Rate (Jan)

5:30 PM USD Nonfarm Payrolls (Jan)

5:30 PM USD Nonfarm Payrolls Benchmark Revision

5:30 PM USD U6 Underemployment Rate (Jan)

5:30 PM USD Unemployment Rate (Jan)

7:10 PMUSD Fed's Schmid speech

7:15 PM USD Fed's Bowman speech

9:00 PM EUR ECB's Schnabel speech

11:00 PM USD Monthly Budget Statement (Jan)

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
1.1962
1.3743
157.99
16.07
R2
1.1946
1.3721
157.14
16.02
R1
1.1920
1.3682
155.76
15.98
PP
1.1904
1.3660
154.91
15.93
S1
1.1878
1.3621
153.53
15.89
S2
1.1862
1.3599
152.68
15.84
S3
1.1836
1.3560
151.30
15.80
Technical Analysis - Forex Charts
EUR/USD Outlook- A setback is anticipated following the recent rally to $1.1566 in April 2025
Chart updated on 26.05.2023
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
Weekly Market Update by Devisha Ramsurrun
Speak to our team
  • Allan Juste
    Head - Forex And Derivatives
    +230 5251 4855
  • Reshma Peerun Rajwani
    Head – Treasury Sales
    +230 403 5500
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.