Treasury

EUR/USD
The Shared currency bounced off from a low of $1.1770 on Monday to $1.1810 this morning, as investors await U.S. inflation data later today that could provide a clue to the U.S. Federal Reserve’s timetable for asset tapering.

GBP/USD
The Cable trimmed back previous day losses to $1.3844 as traders awaiting the UK Unemployment data to gauge the labour market conditions, which could influence the Bank of England interest rate decision.

USD/JPY
The Japanese yen idled at 110.05 versus the U.S dollar in the wake of Taro Kono formal announcement of his candidature to lead the ruling Liberal Democratic Party (LDP) in the upcoming elections.

AUD/USD
The Aussie dollar dipped to $0.7346 after RBA’s central bank chief, Philip Lowe, reiterated that interest rates were not expected to rise from record lows until 2024 but stayed hopeful on delayed domestic economic recovery.

USD/CAD
The Canadian dollar climbed to 1.2650 against the U.S dollar following a rise in oil prices, and investors looked to scale back their optimism on the outlook for the greenback ahead of a key U.S. inflation report.

USD/ZAR
South Africa's rand and stocks ticked up to 14.16 against the U.S dollar benefiting from an easing of local coronavirus lockdown restrictions.

USD/MUR
The domestic pair stayed put at 42.75 (Selling) on the local market.