Treasury

EUR/USD
The Shared currency treaded water at $1.0877 amid the ongoing Ukraine crisis after Russia’s invasion. The military activity in the eastern part of Ukraine triggered the fears of stagflation in the Eurozone, U.S inflation data eyed for today.

GBP/USD
The Cable firmed at $1.3030 despite geopolitics, high bond yields, and mixed UK economic data.

USD/JPY
The Japanese yen extended its fall to 125.41 against the U.S dollar after Japanese Finance Minister Shunichi Suzuki declined to comment on specific prices in foreign exchange markets, but stated that excess volatility and disorderly movements could have an adverse effect on the economy and financial stability.

AUD/USD
The Australian dollar fell to $0.7433 due to its status as a risk-sensitive currency.

USD/CAD
The Loonie pressured down to 1.2636 against the greenback after oil prices tumbled amid a push of 240 million barrels of oil supply through the collective effort of the US administration and the International Economic Agency in the next six month.

USD/ZAR
The South African rand advanced to 14.55 against the greenback supported by higher precious metals prices and shrugging off weaker-than-expected manufacturing numbers.

USD/MUR
The dollar-rupee stayed put at 43.60 (selling).