Treasury

EUR/USD
The Single currency slipped below its COVID-19 lows to $1.0635 in early trade, or a five-year low as concerns are growing about energy security and economic growth in Europe after Russia's Gazprom said it would halt gas supplies to Poland and Bulgaria later in the day.

GBP/USD
The pound sterling held near its lowest levels since 2020 at $1.2592, with worries about Britain’s economic outlook exacerbated by latest debt numbers and fears that COVID-19 restrictions in China will hurt world growth.

USD/JPY
The Japanese yen strengthened to 125.11 per U.S dollar as investors speculated that the Japanese central bank or government may act to stabilize the currency, which last week hit a 20-year low against the dollar.

AUD/USD
The Australian dollar fell to $0.7176 although Australian consumer prices surged at their fastest annual pace in two decades.

USD/CAD
The Canadian dollar weakened to a six-week low to 1.2795 against its U.S. counterpart, as rising uncertainty about the global economic outlook contributed to financial market volatility and broad-based gains for the safe-haven U.S. currency.

USD/ZAR
South African Rand bruised and battered to 15.85 against the U.S dollar in the absence of any market-moving data, the rand lay at the mercy of free-market forces.

USD/MUR
The dollar-rupee idled at 43.35 (selling) today.