Treasury

EURUSD

The Single currency slid to $1.0665 on lower risk appetite as the scale of economic activities shrank due to higher borrowing costs. 

GBPUSD

The Pound Sterling seesawed to $1.2015 as UK's Prime Minister, Rishi Sunak, confirmed that no progress has been made regarding the Northern Ireland deal and that talks were still ongoing. 

USDJPY

The Japanese Yen recovered to 134.40 against the greenback as the current Bank of Japan's governor, Kuroda, stated that wage growth is likely to accelerate, therefore raising the odds for a possible policy tightening. 

AUDUSD

The Australian Dollar hoisted to $0.6895 as policy makers at the Reserve Bank of Australia are considering a 50 basis points rate hike, while unemployment figures in the country are at their lowest in 50 years. 

USDCAD

The Loonie was little changed at 1.3475 against the U.S. dollar despite a 1% drop in WTI, Canada's main export. 

USDZAR

The South African Rand was on a freefall to reach 18.10 against the greenback ahead of the Finance Minister, Enoch Godongwana's budget speech. 

USDMUR

The U.S. dollar steadied at 46.40(selling) against the rupee.