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Daily Market Patrol

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Market Patrol 16 February 2026

Out of difficulties grow miracles. 

Jean de la Bruyere
Indicative Selling Rates
against MUR
USD
16 Feb 2026
  • AUD
  • 34.36
  • 0.7413
  • BWP
  • 3.51
  • 0.0758
  • CAD
  • 35.69
  • 1.2986
  • CNY
  • 7.14
  • 6.4919
  • DKK
  • 7.71
  • 6.0114
  • EUR
  • 55.25
  • 1.1921
  • HKD
  • 6.15
  • 7.5350
  • INR
  • 0.54
  • 85.9840
  • JPY
  • 31.85
  • 145.5231
  • KES
  • 37.21
  • 124.5696
  • NZD
  • 29.27
  • 0.6314
  • NOK
  • 5.08
  • 9.1257
  • SGD
  • 38.13
  • 1.2155
  • ZAR
  • 3.05
  • 15.2110
  • SEK
  • 5.44
  • 8.5251
  • CHF
  • 62.56
  • 1.3498
  • GBP
  • 63.53
  • 1.3706
  • USD
  • 46.35
  • 1.0000
  • AED
  • 13.15
  • 3.5241
The Euro held steady as markets observe the U.S. Presidents’ Day today and China’s Lunar New Year holidays.
Fundamental News

EUR/USD

The Euro held steady at 1.1860 as markets observe the U.S. Presidents’ Day today and China’s Lunar New Year holidays.

GBP/USD

The Pound Sterling rose to 1.3639 against the greenback ahead of the UK jobs report due tomorrow and the latest consumer inflation figures on Wednesday. 

USD/JPY

The Japanese Yen softened to 153.23 after Japan’s disappointing fourth-quarter GDP figures, which showed the economy expanded by just 0.1% quarter-on-quarter in Q4 2025.

AUD/USD

The Australian dollar ramped up to 0.7089 supported by diverging Fed–RBA policy expectations and an upbeat risk appetite.

USD/CAD

The Canadian dollar is stable at 1.3618 against the U.S. Dollar ahead of Canadian inflation figures scheduled for tomorrow. 

USD/ZAR

The South African Rand continued to trend bearish at 15.93 even after Ramaphosa’s reform push and gold’s recent slump.

USD/MUR

The Dollar-Rupee is unchanged at 46.35 (selling) this morning. 

 



Fundamental & Technical Data
Economic Indicators-Local Time

2:00 PM EUR Industrial Production s.a. (MoM) (Dec)

5:25 PM USD Fed's Bowman speech

9:40 PM EUR ECB's Nagel 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
1.1925
1.3748
154.45
16.18
R2
1.1905
1.3704
154.06
16.12
R1
1.1887
1.3679
153.38
16.03
PP
1.1867
1.3635
152.99
15.98
S1
1.1849
1.3610
152.31
15.89
S2
1.1829
1.3566
151.92
15.84
S3
1.1811
1.3541
151.24
15.74
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
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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.
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