Treasury

EUR/USD
The single currency spiked above $1.1800 buoyed by disappointing U.S CPI data that printed 0.0% month-on-month, while ECB Governing Council Villeroy de Galhau announced the likelihood of more monetary measures in December.

GBP/USD
The Sterling weakened to $1.3120 after news that Britain's economy grew by a slower-than-expected 1.1% between August and September.

USD/JPY
The Japanese yen edged higher to104.90 against the dollar this morning on concerns that successful tests of a COVID-19 vaccine may not be enough to offset the economic damage of a trying winter in Europe and the United States.

AUD/USD
The Aussie nosedived to $0.7228 amid escalating Sino-Australian trade tensions while disruptive discussions are scheduled to be restored in a Caixin Summit event in Beijing.

USD/ZAR
The South African rand slashed to 15.64 against the greenback, undermined by local data releases, with South Africa's unemployment rate at a record high of 30.8% in the third quarter and mining output contracting 2.8% in September.

USD/MUR
The dollar-rupee crushed by 10 cents to 40.30(selling) following the Bank of Mauritius intervention on the local market.