Treasury

EUR/USD
The Shared currency dropped to $1.0523 after ECB President Christine Lagarde watered-down expectations of a double-dose rate hike at its next policy meeting in July, citing that they intend to raise key rates by 25 bps next month.

GBP/USD
The Cable boosted to $1.2268 after BoE's Catherine Mann stated that the BoE should raise rates faster because the weakness in the pound’s value is adding to inflationary pressures.

USD/JPY
The Japanese yen extended its slide to 135.07 versus the greenback as market participants await the release of the Bank of Japan June meeting minutes and Fed's Powell testimony.

AUD/USD
The Aussie dollar witnessed selling pressure to $0.6962 despite the positive minutes from the Reserve Bank of Australia earlier today.

USD/CAD
The Loonie strengthened to 1.2945 against the U.S dollar on oil’s rebound and ahead of Canadian retail sales data.

USD/ZAR
South Africa's rand firmed at 16.02 per U.S dollar, as investors continued to assess risks to the economy from tighter U.S. monetary policy following the Federal Reserve's biggest interest rate increase in a quarter of a century.

USD/MUR
The dollar-rupee stayed put at 44.50 (Selling).