Treasury

EUR/USD
The Shared currency extended its downfall to $1.0726 on fears about the economic impact of China's COVID-19 lockdowns and an aggressive pace of U.S. rate hikes sent investors scrambling for safety.

GBP/USD
The Cable crumbled to $1.2755 on lingering UK political concerns and Brexit issues, as well worries about the likelihood the BoE's early start in removing emergency easing policies.

USD/JPY
The Japanese yen grinded higher to 128.11 against the U.S dollar on upbeat Japanese data, attention now shifts to Thursday’s BOJ meeting.

AUD/USD
The Aussie dollar popped to $0.7223 with Australian markets opening after a holiday.

USD/CAD
The Loonie regained strength to 1.2692 versus the greenback after comments from BoC Governor Tiff Macklem that the BOC was considering a second consecutive 0.5% increase in an effort to tackle runaway inflation.

USD/ZAR
The South African rand continued to plunge lower to 15.68 and remained under pressure from a strong U.S dollar as a wave of risk aversion swept through global markets.

USD/MUR
The dollar-rupee dropped by 5 cents to 43.35(Selling) on back of intervention form the central bank.