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EUR/USD
The single currency nosedived to $1.21 following Brussel’s failure to get U.S President Biden strongly on their side as the bloc policymakers push for American meddling to break the deadlock over the Northern Ireland protocol.
GBP/USD
The Sterling hammered to $1.4115, with the renewed pressure of the delayed economic opening plan when senior ministers in the UK have signed off a decision to delay the lifting of all COVID-19 restrictions beyond June 21. The Bank of England Governor Bailey's speech is set to gauge the market sentiment.
USD/JPY
Japanese Yen plunged to 109.72 per dollar after G7 backed detailed investigations on the Covid origin, criticized China’s roe Xinjiang and Hong Kong, and vowed to launch a ‘democratic’ alternative to China’s Belt and Road initiative.
USD/CAD
Canadian dollar soured to 1.2145 against the greenback, amid Canada’s key export item, WTI crude oil, remains firm near the late 2018 highs flashed on Friday.
AUD/USD
Aussie plummeted to $0.7709, as Australia strived to sign fresh trade deals with the UK, as well as firming up ties with Japan and Germany by agreeing on lower-emission technology usage.
USD/ZAR
Rand cascaded to 13.72 per dollar on announcement from the local government on Friday that it would offload a 51% stake in state-owned airline South African Airways, the debts of which had been a burden on the exchequer for several years.
USD/MUR
The dollar-rupee popped higher by 5 cents to 41.20(Selling) on the domestic market.
17:00 - GBP - BoE Gov Bailey Speaks
