Treasury

EUR/USD
The Shared currency faded to $1.0352 ahead of Fed Chair Powell's speech, where he is widely expected to set the tone for U.S. monetary policy for the remainder of the year by providing more clarity on whether U.S. rate hikes will slow down.

GBP/USD
The Cable ran out of steam to $1.1978 after Britain's housing market showed clear signs of slowing, with various gauges of house prices now showing cooling inflation after rapid growth during the pandemic.

USD/JPY
The Japanese yen ticked up to 138.47 against the U.S. dollar, although data showed industrial production in the country shrank more than expected in October.

AUD/USD
The Aussie dollar remained subdued at $0.6696 with downbeat prints of Australia’s monthly inflation numbers and disappointing activity data from Canberra’s biggest customer, Beijing.

USD/CAD
The Canadian Dollar fell to its lowest level in nearly four weeks to 1.3573 against the greenback despite data showing that Canada's economy grew faster than expected in the third quarter.

USD/ZAR
The South African rand gained to 16.99 as the dollar faltered in global markets amid hopes of a potential easing of strict COVID restrictions in China after protests in the world's second-biggest economy.

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