Treasury

EUR/USD
The Shared currency descended to a two-month low at $1.1660 due to fears of intensifying virus spread in the Old continent, as the number of cases tops 5 million.

GBP/USD
The Cable battled at $1.2704 ahead of Bank Of England Bailey’s speech later today, while virus risks and lower expansion in the Kingdom's business activity weighed down the sentiment around the pound.

USD/JPY

The Japanese yen extended losses to 105.34 versus the U.S dollar in the wake of dovish minutes from Bank of Japan, revealing that prolonged damage to the economy from the pandemic could lead to solvency problems for some Japanese firms.

AUD/USD
The Aussie dollar dropped to $0.7040 as growing expectations of further monetary policy easing and deteriorating risk sentiment weighed on the antipodean currency.

USD/ZAR
South Africa's rand fell to 17.15 undermined by the U.S Dollar renewed safe-haven appeal across the market.

USD/MUR
The dollar-rupee climbed by 5 cents to 40.40(selling).