Treasury

EUR/USD
The single currency was pressured towards $1.1841, as recent improvement in the Eurozone Q2 GDP contrasted with the ZEW sentiment data, joining diverging tones ahead of ECB policy measures.

GBP/USD
Pound Sterling surrendered at $1.3779, on the back of a firmer dollar, amid stuttering economic momentum in Britain. Furthermore, the announcement of the new tax hike by the UK government weighed on the pound's prospects.

USD/JPY
Japanese Yen tumbled to 110.31 per dollar, despite upbeat domestic Gross Domestic Product for the second quarter.

USD/CAD
Loonie hammered to 1.2540 against its U.S counterpart, driven by downbeat oil prices. All eyes focused on the Bank Of Canada announcement of this afternoon.

AUD/USD
The Aussie extended losses to $0.7385, one day after Reserve Bank of Australia's decision to forge ahead with a taper of bond purchases while adding the dovish concession of extending the programme to February.

USD/ZAR
The South African rand edged lower to 14.30 per dollar, although local gross domestic product figures indicated that the economy grew 1.2% in the second quarter compared to the previous three months.

USD/MUR
The dollar-rupee idled at 42.80(selling) on the Mauritian market.