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Treasury

Daily Market Patrol

Market Patrol 27 February 2026

Attitude is a little thing that makes a big difference. 

 

 

 

Winston Churchill
Indicative Selling Rates
against MUR
USD
27 Feb 2026
  • AUD
  • 34.85
  • 0.7440
  • BWP
  • 3.54
  • 0.0756
  • CAD
  • 35.91
  • 1.3043
  • CNY
  • 7.26
  • 6.4490
  • DKK
  • 7.75
  • 6.0438
  • EUR
  • 55.56
  • 1.1863
  • HKD
  • 6.21
  • 7.5471
  • INR
  • 0.54
  • 86.2580
  • JPY
  • 31.67
  • 147.8913
  • KES
  • 37.59
  • 124.6134
  • NZD
  • 29.36
  • 0.6268
  • NOK
  • 5.11
  • 9.1576
  • SGD
  • 38.48
  • 1.2172
  • ZAR
  • 3.08
  • 15.2092
  • SEK
  • 5.42
  • 8.6468
  • CHF
  • 62.86
  • 1.3420
  • GBP
  • 63.51
  • 1.3560
  • USD
  • 46.84
  • 1.0000
  • AED
  • 13.29
  • 3.5255
The Pound Sterling sank amid growing political uncertainty in the UK. 
Fundamental News

EUR/USD

The Euro remained subdued at around $1.1808 as market await US PPI inflation data this afternoon, while the drop in Eurozone inflation to its lowest since September 2024 helps offset US tariff uncertainty.

GBP/USD

The Pound Sterling sank to $1.3492 amid growing political uncertainty in the UK. 

USD/JPY

The Japanese Yen grinded higher to 155.82 against the U.S. dollar boosted by renewed hopes the Bank of Japan may raise rates despite inflation slowing below the BoJ’s 2% target.

AUD/USD

The Australian dollar was stable at around $0.7128 with Australia's strong inflation has raised expectations of a rate hike in May, as the Reserve Bank takes a tough stance on inflation.

USD/CAD

The Canadian Dollar was steady at 1.3665 against its U.S. counterpart ahead of Canada’s Q4 GDP data due later today. 

USD/ZAR

The South African Rand consolidated to 15.9059 against the U.S. dollar, after the S.A government presented its annual budget, showcasing stable sentiment and fiscal stability.

USD/MUR

The Dollar-Rupee gained 5 cents to 46.84 (selling) this morning.

 



Fundamental & Technical Data
Economic Indicators-Local Time

11:00 AM CHF Gross Domestic Product (QoQ) (Q4)

11:00 AM CHF Gross Domestic Product (YoY) (Q4)

12:00 PM EUR Harmonized Index of Consumer Prices (YoY) (Feb) Prel

12:55 PM EUR Unemployment Change (Jan)

12:55 PM EUR Unemployment Rate s.a. (Jan)

5:00 PM EUR Consumer Price Index (MoM) (Feb) Prel

5:00 PM EUR Consumer Price Index (YoY) (Feb) Prel

5:00 PM EUR Harmonized Index of Consumer Prices (MoM) (Feb) Prel

5:00 PM EUR Harmonized Index of Consumer Prices (YoY) (Feb) Prel

5:00 PM GBP BoE's Pill speech 

5:30 PM CAD Gross Domestic Product (MoM) (Dec)

5:30 PM CAD Gross Domestic Product (QoQ) (Q4)

5:30 PM CAD Gross Domestic Product Annualized (Q4)

5:30 PM USD Producer Price Index (MoM) (Jan)

5:30 PM USD Producer Price Index (YoY) (Jan)

5:30 PM USD Producer Price Index ex Food & Energy (MoM) (Jan)

5:30 PM USD Producer Price Index ex Food & Energy (YoY) (Jan)

6:45 PM USD Chicago PMI (Feb)

8:30 PM EUR ECB's Kocher 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
1.1883
1.3686
157.39
16.19
R2
1.1856
1.3631
156.97
16.09
R1
1.1828
1.3556
156.55
16.01
PP
1.1801
1.3501
156.13
15.92
S1
1.1773
1.3426
155.71
15.84
S2
1.1746
1.3371
155.29
15.75
S3
1.1718
1.3296
154.87
15.67
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.