Treasury

EUR/USD
The Single currency extended gains to $1.0526 as data showed increased U.S. consumer spending in October emboldened investor hopes that the peak in U.S. interest rates was on the horizon.

GBP/USD
The Cable surged to $1.2236 on the back of a weak U.S. dollar despite inflation in the U.K. still running at a four-decade high as households grapple with a cost-of-living crisis.

USD/JPY
The Japanese yen catapulted to 135.10 against the greenback after BOJ board member Asahi Noguchi signalled the Japanese central bank's readiness to withdraw stimulus if inflation numbers appear too strong.

AUD/USD
The Aussie dollar recovered to $0.6818 from a low of $0.6881 on optimistic comments from Reserve Bank of Australia Governor Philip Lowe.

USD/CAD
The Canadian dollar lost momentum to 1.3434 against the U.S. dollar as investors reduced bets on another oversized interest rate hike by the Bank of Canada next week.

USD/ZAR
South African rand drowned to a low of 17.95 per U.S. dollar as Cyril Ramaphosa's future hung in the balance, as his office said he was exploring options after a report found evidence he may have committed misconduct over a stash of cash stolen from his game farm.

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