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Treasury

Daily Market Patrol

Market Patrol 19 February 2026

Strength and growth come only through continuous effort and struggle.

Napoleon Hill
Indicative Selling Rates
against MUR
USD
19 Feb 2026
  • AUD
  • 34.46
  • 0.7375
  • BWP
  • 3.53
  • 0.0756
  • CAD
  • 35.75
  • 1.3070
  • CNY
  • 7.19
  • 6.4950
  • DKK
  • 7.72
  • 6.0513
  • EUR
  • 55.34
  • 1.1844
  • HKD
  • 6.20
  • 7.5374
  • INR
  • 0.54
  • 86.3846
  • JPY
  • 31.71
  • 147.3403
  • KES
  • 37.50
  • 124.6028
  • NZD
  • 29.19
  • 0.6248
  • NOK
  • 5.10
  • 9.1523
  • SGD
  • 38.25
  • 1.2214
  • ZAR
  • 3.04
  • 15.3581
  • SEK
  • 5.41
  • 8.6344
  • CHF
  • 62.68
  • 1.3417
  • GBP
  • 63.31
  • 1.3551
  • USD
  • 46.72
  • 1.0000
  • AED
  • 13.25
  • 3.5253
The Dollar-Rupee surged 26 cents to 46.72 (Selling) this morning. 
Fundamental News

EUR/USD

The Euro fell to 1.1790 against the greenback as hawkish minutes from the U.S Federal Reserve lifted the U.S dollar, signaling possible further rate hikes if inflation stays high.

GBP/USD

The Pound Sterling remained under pressure at 1.3482 as markets increasingly expect the Bank of England to cut rates in March, especially after weaker UK jobs data and softer inflation.

USD/JPY

The Japanese Yen weakened to $155.20 after Japan’s Q4 GDP growth came in at just 0.1%, missing expectations. 

AUD/USD

The Aussie Dollar traded slightly lower to 0.7052 after the release of mixed Australian employment data, which showed that the economy added 17.8K jobs in January, while the unemployment rate stayed at 4.1% instead of rising as expected.

USD/CAD

The Canadian dollar got some support at 1.3705 from rising oil prices amid renewed US-Iran tensions, which is helping limit further weakness in the loonie despite broader market pressures.

USD/ZAR

The South African Rand fell to 16.09 versus the U.S dollar as a stronger dollar outweighed slightly better local jobs data showing unemployment eased.

USD/MUR

The Dollar-Rupee surged 26 cents to 46.72 (Selling) this morning. 

 



Fundamental & Technical Data
Economic Indicators-Local Time

1:00 PM EUR Economic Bulletin

3:00 PM EUR German Buba Monthly Report

3:30 PM EUR ECB's De Guindos speech

5:20 PM USD Fed's Bostic speech

5:30 PM USD Fed's Bowman speech

5:30 PM USD Initial Jobless Claims

5:30 PM USD Philadelphia Fed Manufacturing Survey (Feb)

6:00 PM USD Fed's Kashkari speech

7:00 PM EUR Consumer Confidence (Feb) Prel

7:00 PM USD Pending Home Sales (MoM) (Jan)

7:30 PM USD Fed's Goolsbee 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
1.1910
1.3645
157.24
16.28
R2
1.1885
1.3613
156.05
16.19
R1
1.1833
1.3554
155.44
16.12
PP
1.1808
1.3522
154.25
16.04
S1
1.1756
1.3463
153.64
15.97
S2
1.1731
1.3431
152.45
15.89
S3
1.1679
1.3372
151.84
15.82
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.