Treasury

EUR/USD
The Shared currency pressured down to $1.1313 from a high of $1.1346 after minutes released from the Federal Reserve's December meeting showed the U.S. central bank might need to act more quickly in hiking interest rates to combat inflation.

GBP/USD
The Cable retreated to $1.3527 despite growing expectations the Bank of England will raise interest rates as soon as next month, UK PMI eyed.

USD/JPY
The Japanese yen treaded water at 115.86  per U.S dollar despite U.S. ADP nonfarm employment coming out much higher than expected in December.

AUD/USD
The Aussie dollar took a bath at $0.7176, undermined by a surge in U.S Treasury yields on rising bets for a Federal Reserve rate hike by March.

USD/CAD
The Loonie fell sharply to 1.2792 versus the greenback as markets took a risk-off turn in the wake of hawkish FOMC minutes last night.

USD/ZAR

The Rand pressured at 15.95 against the U.S dollar as hawkish Fed moves weighed on emerging markets, including South Africa, as U.S interest rate hikes tend to drain capital away from the higher-yielding currencies.

USD/MUR
The dollar-rupee stayed put at 43.55(selling).