Treasury

EUR/USD
The Shared currency flocked back to $1.1288 this morning ahead of U.S. labour data and Minutes from the Federal Reserve's December meeting, due to be published at 1900 GMT.

GBP/USD
The Cable climbed to $1.3526, supported by a continued rise in gilt yields on growing expectations the Bank of England will raise interest rates next month.

USD/JPY
The Japanese Yen fell to a new five-year low at 116.34 against the U.S. currency on Tuesday, as the Bank of Japan is widely expected to be late if not last in the queue to hike rates, while the gap between the U.S and Japanese yields are rising, hurting the safe-haven currency.

AUD/USD
The Aussie dollar ticked higher to $0.7230, while China Evergrande woes and risk sentiment remained tepid.

USD/CAD
The Canadian dollar surged to 1.2716 versus the greenback as oil prices hit fresh multi-week highs.

USD/ZAR
South African rand slipped to 16.05 per U.S dollar as investors bet the Omicron coronavirus variant would not derail the global economy or delay the Federal Reserve's expected interest rate hikes.

USD/MUR
The dollar-rupee unfazed at 43.55(selling) as the Bank of Mauritius stayed put on its intervention rate yesterday.