Treasury

EUR/USD
The Shared currency is on a wait-and-watch mood at $1.0550 ahead of key U.S. inflation data that is expected to define the path of U.S. monetary policy in the coming months.

GBP/USD
The Cable trimmed part of the previous day's loss to $1.2281 following an above than estimated U.K GDP.

USD/JPY
The Japanese yen edged lower to 137.53 against the U.S. dollar as a fresh drive of policy easing is expected from Bank of Japan policymakers to spur the extent of economic activities.

AUD/USD
The Aussie dropped to $0.6760 after business confidence in Australia fell, undermined by China Covid cases. 

USD/CAD
The Loonie gained to 1.3621 against the greenback on a hawkish speech from Bank of Canada Governor Tiff Macklem.

USD/ZAR

The South African rand is on the backfoot at 17.56 per U.S dollar on tepid global investor sentiment ahead of a series of local economic data this week.

USD/MUR
The dollar-rupee unfazed at 44.10(selling) for the 15th consecutive business day.