Treasury

EUR/USD
The single currency ebbed away from $1.2275 high to $1.2240, although new potential roadblock to a $900 billion coronavirus economic relief bill emerged in the U.S. Congress on Thursday as some Senate Republicans insisted on language ensuring that expiring Federal Reserve lending programs cannot be revived.

GBP/USD
The cable retreated from $1.3625 to $1.3525 on reports that Britain and the European Union struck a downbeat tone about the likelihood of an agreement, while the Bank of England kept its stimulus programme unchanged.

USD/JPY
The Japanese Yen hammered from 102.87 to 103.40 against the greenback after the Bank of Japan extended its aid scheme for corporate lending and kept other policy settings steady, pledging to begin an examination on more effective ways to achieve its 2% inflation target.

AUD/USD
The Aussie plunged from $0.7638 to $0.7588 despite added impetus by surging commodity prices globally and higher bond yields locally.

USD/ZAR
The rand rallied to 14.71 against the dollar, buoyed by risk appetite on the coronavirus vaccine rollouts.

USD/MUR
The dollar-rupee steadied at 39.80(selling) on the local market.