Do more of what works and less of what doesn't
The Shared currency slipped to $1.2177 as sharp gains in U.S. yields and hopes for more stimulus to boost the world's largest economy prompted some investors to temper bearish bets.
The Cable extended losses to $1.3496, as data showed traders were beginning to unwind some of their bullish bets on growing expectations that the Bank of England may soon cut rates into negative territory to support the recovery.
The Japanese yen dropped to 104.19 against the U.S dollar on a better than expected U.S unemployment data on Friday and a closed Japanese market due to holiday today.
The Aussie dollar trickled to $0.7697, ignoring better than expected Australian Retail Sales data and China's inflation numbers.
South Africa's rand firmed at 15.40 against the greenback, recovering some ground after a torrid week in which the country recorded a peak in daily COVID-19 infections and doubts over its vaccine supplies came to the fore.
The pair idled at 39.83(selling) on the local market.
21:00 - USD - FOMC Member Bostic Speaks