Treasury

EUR/USD
The Single currency modestly gained to $1.0206 as investors are expecting a downbeat US NFP ahead of ECB Monetary Policy Meeting Accounts later during the day.

GBP/USD
The Cable trimmed some of its losses to $1.1956 on broad dollar weakness  but remained vulnerable to political risks and recession fears. Prime Minister Boris Johnson clung to power despite the resignation of key cabinet members.

USD/JPY
The Japanese yen  lost ground to 135.76 as Bank of Japan is likely to consider lowering its GDP forecast for fiscal year 2022.

AUD/USD
The Aussie dollar bounced firmly to $0.6820 amid upbeat Australian employment data and recovery in prices of Australia's key export item, namely iron ore.

USD/CAD
The Loonie extended its gains to 1.3000 as oil recovered and the Bank of Canada is set to continue raising its overnight rate by 75 basis point, front-loading a campaign to take monetary policy to where it will restrain the economy.

USD/ZAR
South Africa's rand plunged lower to 16.75, level not seen since September 2020 against the greenback as already nervous investors were spooked by global recession fears.

USD/MUR
The dollar-rupee strengthened  to 46.05 (Selling).