Treasury

EUR/USD
The Shared currency dropped to a low o $1.1220 before popping back to $1.1285 after the U.S. Federal Reserve kept its interest rates unchanged and said it would end pandemic-era bond purchases in March 2022. Investors are awaiting imminent decisions from the European Central bank today.

GBP/USD
The Cable gained to $1.3246 after U.K. consumer price inflation surged to an annual rate of 5.1% in November, its highest since September 2011, raising the pressure on the Bank of England ahead of today’s policy-setting meeting.

USD/JPY
The Japanese yen tumbled to 114.07 against the U.S. dollar ahead of BoJ monetary policy meeting due tomorrow morning.

AUD/USD
The Aussie dollar darted higher to $0.7156 with jobs data from the Australian Bureau of Statistics showing that the employment change and unemployment rate revealed above estimates.

USD/CAD
The Loonie hardly budged at 1.2853 per U.S. dollar after disappointing U.S. Retail Sales was offset by softer Canadian CPI and failed to provide impetus.

USD/ZAR
South African rand gained to 16.02 against the greenback on a closed market supported by local Consumer Price Index data, which came above expectations.

USD/MUR
The dollar-rupee idled at 43.55(selling) this morning.