Treasury

EUR/USD
The Shared Currency meandered at $1.0610 after the Eurozone Consumer Confidence Index improved modestly to -22.2 in December from -23.9 in the flash estimate, while the Bank of Spain trimmed its 2023 growth projection to 1.3% from 1.4%.

GBP/USD
The Cable fell to $1.2170 as challenges to the U.K.’s health sector remained a concern. Market eyes for GDP data tomorrow.

USD/JPY
The Japanese yen rocketed to a four-month high at 131.85 after the Bank of Japan stunned markets on Tuesday with a surprising tweak to its bond yield control program. The move rattled investors already worried about the economic fallout of rising interest rates and untameable inflation around the globe.

AUD/USD
The Australian dollar dropped to $0.6660 on softer sentiment data, as Australia’s Westpac Leading Index dropped to -0.1% in December compared to -0.05% prior readings.

USD/CAD
The Loonie rose to 1.3600 against the U.S. dollar, bolstered by higher-than-expected retail sales figures and firmer oil prices. Consumer Prices for Canada will be due later today.

USD/ZAR
South African rand traded at 17.28 against the dollar, 0.36% stronger than its previous close against the dollar after President Cyril Ramaphosa was re-elected as leader of the governing African National Congress (ANC) party on Monday. 

USD/MUR
The dollar-rupee staticized at 44.10 (selling).