Treasury

EUR/USD
The Shared currency drowned to $1.0398 following comments from Federal Reserve chair Jerome Powell in an interview with the Marketplace national radio program where he unexpectedly added the option of two more jumbo rate hikes consecutively in the next policy meetings.

GBP/USD
The Cable dived to $1.2220 following Bank of England's Deputy Governor Dave Ramsden conveyed fears of prolonged higher inflation, which in turn raised worries for economic growth. The concerns become grim especially when the UK reports downbeat data.

USD/JPY
The Japanese yen pierced to 128.90 against the U.S dollar as the Bank of Japan (BOJ)’s Governor has promised a more conservative monetary policy going forward, in his statement on Friday.

AUD/USD
The Aussie dollar held ground at $0.6900 following an improvement in the key risk barometers and optimism ahead of a speech from RBA Assistant Governor Michele Bullock could be cited as favoring the latest run-up in the quote.

USD/CAD
The Loonie regained strength to 1.2998 against the greenback on the back of a rebound in oil prices.

USD/ZAR
The South African rand stabilised at 16.02 per U.S dollar despite a strong dollar, weak economic data, and a pickup in local COVID-19 infections.

USD/MUR
The dollar-rupee dropped by 10cents to 43.45(selling).