Treasury

EUR/USD
The Single currency pierced $1.0440 from a low of $1.0288 after Federal Reserve Chairman Jerome Powell said that the U.S. central bank could scale back the pace of its interest rate hikes "as soon as December".

GBP/USD
The Cable boosted to $1.21 on the back of a weak U.S. dollar despite Britain's persistently gloomy economic outlook.

USD/JPY
The Japanese yen bolstered to 136.25 against the U.S dollar after data showed Japanese capital spending rose at its fastest pace in four years during the third quarter, which drove up hopes that the country’s shock contraction in its third quarter GDP will be revised more favourably.

AUD/USD
The Aussie dollar jumped to $0.6817 in hopes that China will ease stringent COVID restrictions, which have raised concerns about global growth.

USD/CAD
The Loonie soared to 1.3410 against the greenback as oil prices recorded solid gains following Russia's denial of supplying oil at a novel price cap, while there are increased chances of possible OPEC+ production cuts.

USD/ZAR
The South African rand lost ground to 17.11 per the U.S. dollar following the release of downbeat domestic budget and trade figures.

USD/MUR
The dollar-rupee pinned at 44.10 (Selling).