Treasury

EUR/USD
The euro hit a three-week low of $1.17505 overnight after data showed U.S. retail sales unexpectedly increased in August and last traded at $1.1774.

GBP/USD
The British pound remained weak at $1.3806 on reduced investor's risk appetite amid growing concerns about the pace of global economic recovery.

USD/JPY
Japanese Yen lost ground to 109.84 amid growing expectations of U.S.Fed tapering in November.

USD/CAD
Loonie hammered to 1.27 per dollar as Canada Housing Start for August, Wholesale Sales for July and ADP Employment Change for August all three came in softer.

AUD/USD
The Australian dollar softened at $0.7305 after the Reserve Bank of Australia this week reiterated that it was unlikely to hike interest rates until 2024 given the slow growth in wages, while markets are wagering on a move from the Federal Reserve in late 2022.

USD/ZAR
The South African rand extended losses to two-week lows at 14.57 per dollar as the dollar jumped on a surprise rebound in U.S. retail sales.

USD/MUR
The local pair stayed unchanged at 42.75(selling) on the Mauritian market.