Treasury

EUR/USD
The Euro traded lower at $1.1675, dragged by U.S. tariffs tantrums and President Trump stated that some members of the EU will get new tariff letters "today or tomorrow".

GBP/USD
The Pound Sterling shed gains to $1.3555 as data showed that UK's economy remained in contraction in May, with the Gross Domestic Product declining 0.1%, following a 0.3% drop in April.

USD/JPY
The Yen was on the backfoot at 147.07 against a broadly stronger greenback, and enduring expectations that the Bank of Japan will hold increasing interest rates amid rising trade tension.  

AUD/USD
The Australian dollar continued its ascension to $0.6575 as the Reserve Bank of Australia stated earlier this week that " monetary policy is well-placed to international developments if they were to have material implications for activity and inflation in Australia". 

USD/CAD
The Loonie dipped to 1.3696 against the U.S Dollar following US President Donald Trump’s announcement of a 35% tariff rate for goods imported from Canada, effective August 1. 

USD/ZAR
The South African Rand retreated to 17.77 against the U.S. Dollar despite better-than-expected domestic manufacturing data. 

USD/MUR
The U.S. dollar was up at 45.86(selling) against the rupee this morning.