Treasury

EUR/USD
The single currency vaulted to $1.1865, on broad dollar weakness amid overnight the weekly number of applications for unemployment benefits in the United States dropped below one million. On the data schedule later today are preliminary European employment and GDP numbers.

GBP/USD
Sterling retreated from $1.3123 as Irish PM Martin reported that there is a "landing zone" to reach a post-Brexit trade deal between the United Kingdom and the European Union, to $1.3075, undermined by Britain's economy which shrank by a record 20.4% in the second quarter.

USD/JPY
The Japanese Yen wiggled around 106.80 against the greenback, shrugging off China's industrial output that rose more slowly than expected in July and retail sales that fell for a seventh straight month.

AUD/USD
The Aussie mounted 30 pips to $0.7160 in early Asian hours, following RBA Governor Lowe's monetary policy speech that there were limits to what monetary policy could do, urging the government to borrow as much as needed to fund more spending to promote fiscal policy.

USD/ZAR
The rand surged to 17.38 per dollar although fresh power cuts in South Africa by State power firm Eskom caused breakdowns of some its generating units, forcing to resume countrywide blackouts.

USD/MUR
The dollar-rupee plummeted by 15 cents to 40.10(selling) following the intervention of the Bank of Mauritius on the domestic market.