Treasury

EUR/USD
The single currency climbed to $1.2167, awaiting the Federal Reserve which is set to announce its final decision of the year and markets are watching changes in its bond-buying scheme amid the recent virus surge and economic slowdown.

GBP/USD
The pound rocketed to $1.3490 as markets grew more optimistic a Brexit deal would be reached, even as implied volatility gauges pointed to further price swings ahead of the Dec. 31 deadline.

USD/JPY
The Japanese Yen soared to 103.40 against the dollar amid market is waiting for Top U.S. congressional leaders to finalize $1.4 trillion in spending and end a standoff on coronavirus relief.

AUD/USD
The Aussie vaulted to $0.7565 ahead of local government its mid-year fiscal review on Thursday, which is expected to show some improvement in the budget deficit.

USD/ZAR
The South African rand pierced to 14.85 per dollar although South Africa's President Cyril Ramaphosa announced a further tightening of COVID-19 restrictions, citing a spike in infections since the start of December, but stopped short of reinstating a hard lockdown.

USD/MUR
The dollar-rupee inched higher by 3 cents to 40.03(selling) on the domestic market.