Treasury

EUR/USD
The Shared currency visited $1.1845 before sliding back to $1.1806 as the latest U.S. inflation data raised doubts that the Federal Reserve would begin asset tapering in 2021.

GBP/USD
The Cable initially rose to $1.3809 but later retreated to $1.3806 on U.S dollar strength although U.K's labour market data showed that the total number of payrolled employees in Britain has climbed to pre-pandemic levels.

USD/JPY
The Japanese yen gained to 109.60 against the U.S dollar on its safe-haven appeal as the optimism induced after the report that Japan is on track to reach the vaccination levels of the US and Europe.

AUD/USD
The Aussie dollar lost ground to $0.7325 after China Industrial Production growth slowed down, data showed earlier today.

USD/CAD
The Loonie tumbled to 1.2692 as the US dollar strength dominated over slightly upbeat oil prices and the pair’s latest inaction can also be linked to the cautious mood ahead of Canada’s key Consumer Price Index data for August.

USD/ZAR
The South African rand slumped to 14.32 per U.S dollar, bringing to a halt a recent rally as investment bank JPMorgan recommended selling the currency.

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