Treasury

EUR/USD
The Shared currency burst to $1.1881 under the weight of worries that the U.S. economic recovery may lag other countries due to a high level of coronavirus infections, as investors looked to upcoming data on the U.S. labor market.

GBP/USD
The Pound sterling surged to $1.3180 as the Bank Of England refrained from taking any further action and left its benchmark interest rate at an all-time low of 0.1%.

USD/JPY
The Japanese yen gained to 105.51 against the greenback as below than expected U.S. jobs data hammered the dollar while increasing worries about a recovery in the pandemic-ravaged global economy kept demand for the haven currency.

AUD/USD
The Aussie dollar cheered to a high of $0.7141 on U.S dollar weakness, before retreating to $0.7200 on downbeat comments from Australia’s PM Scott Morrison.

USD/ZAR
The South African rand gained to 17.27/dlr thanks to a weaker U.S dollar, while stocks jumped to a more than five-week high led by gold miners.

USD/MUR
The Mauritian rupee stayed put at 40.15(Selling) following the intervention from the central bank on the domestic market.