January 11, 2022
EUR/USD 1.1316 GBP/USD 1.3563 USD/CAD 1.2663 AUD/USD 0.7156 USD/JPY 115.61 USD/CNH 6.3836 USD/ILS 3.1327 USD/MXN 20.4420 USD/CHF 0.9276 USD/INR 73.9113 USD/BRL 5.6518 USD/SGD 1.3545 USD/DKK 6.5732 USD/SEK 9.1021 USD/NOK 8.8594
The Bloomberg dollar index is trading slightly lower while the 10-year Treasury yield remains steady at 1.75%. US equity futures trade slightly higher ahead of the Senate committee nomination for Fed Chair Powell.GBPEarlier in the trading session, the sterling rallied to levels not seen since November 4 amidst broad USD weakness. The currency pair has since pared gains trading slightly lower.EUREUR/USD remains largely unchanged trading in-line with broader market trends. A statement from ECB Governing Council member Martin Kazaks said that the central bank will take action if necessary to combat inflation.CADUSD/CAD drops 0.3% with the Canadian dollar as the largest gainer for G-10 currencies. The loonie is supported by higher oil prices with WTI trading 1.5% stronger.ASIA/PACIFIC
The Japanese yen reverses the four-day rally as concerns for the Omicron outbreak wane and investors move away from safe haven assets. Earlier in the trading session, retail sales data out of Australia was better than expected supporting the Aussie dollar. AUD/USD has reversed its earlier gain trading slightly lower.
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