Treasury

EUR/USD
The single currency slammed from its highest in 2-1/2 months at 1.1909 to $1.1870, although a much weaker than expected U.S. payrolls report, casting doubts on the Fed's tapering timeline.

GBP/USD
Sterling scaled back to $1.3843 as the headline covering tax-hike in the U.K. suggested UK Prime Minister Johnson will push through a rise in national insurance to fund social care.

USD/JPY
Yen gravitated back to 109.77 following Suga Japanese Prime Minister's resignation on Friday, setting the stage for a new premier after a one-year tenure marred by an unpopular COVID-19 response and rapidly dwindling public support.

USD/CAD
Loonie fizzled out to 1.2542 per dollar, soured by decreasing oil prices on the U.S. labour report. Still, losses were capped by concerns U.S. crude supply would continue to be limited in the wake of Hurricane Ida, which cut offshore U.S. production.

AUD/USD
Aussie eased from a two-month top from $0.7480 towards $0.7430 as a jump in the virus figures for the second-most populous state Victoria to the yearly top keeps the COVID-19 woes high.

USD/ZAR
Rand tumbled to 14.35 against the greenback, although IHS Markit's Purchasing Managers' Index rose to 49.9 in August from an 11-month low of 46.1 in July.

USD/MUR
The dollar-rupee hovered at 42.80(selling) on the local market.