Treasury

EUR/USD
The Shared currency displayed a dead cat bounce to $1.0735 after the European Central Bank eased the pace of its interest rate hikes before falling back to $1.0660. President Christine Lagarde stressed significant tightening remained ahead and laid out plans to drain cash from the financial system as part of a dogged fight against runaway inflation.

GBP/USD
The Cable dived to $1.2205, although the Bank of England indicated on Thursday that more rate hikes are likely but slowed the pace of tightening as the economy enters a recession.

USD/JPY
The Japanese yen faded to 137.31 against the U.S. dollar, while risk aversion is not helping the Yen as central banks worldwide continue to hike interest rates, except the Bank of Japan.

AUD/USD
The Australian dollar slumped to $0.6705 after a slew of rate hikes and hawkish comments from global central banks heightened fears of an impending recession next year.

USD/CAD
The Loonie hammered to 1.3630 against the greenback as global economic slowdown fears dented demand for WTI crude oil.

USD/ZAR
South African rand tumbled to 17.49 per U.S dollar as statistics South Africa's figures on Thursday showed producer inflation falling.

USD/MUR
The dollar-rupee pinned at 44.10 (selling).