Treasury

EURUSD
The Shared currency soared to $0.9821 after German inflation jumped to 10.9% this month far beyond expectations of 10% and reinforced the case for another 75 basis-point increase at the next European Central Bank policy meeting.

GBPUSD
The Sterling rose sharply to $1.1165 after the Bank of England conducted the second day of bond buying to stabilize financial markets.

USDCAD
The loonie sunk to 1.37 against the greenback despite better-than-expected Canadian GDP

USDJPY
The Japanese yen remained around 144.50 against the greenback despite releasing upbeat Japanese employment, Retail Sales, and Industrial Production data.

AUDUSD
The Aussie dollar surprisingly dropped to $0.6499 as investors are awaiting the announcement of October’s monetary policy decision by the Reserve Bank of Australia (RBA) next Tuesday.

USDZAR
The South African rand barely moved against the U.S dollar on mixed local economic data.

USDMUR
The dollar-rupee dropped by 5 cents to 44.80(Selling).