Success is walking from failure to failure with no loss of enthusiasm
The Shared currency meandered at $1.1935 as caution reigned in currency markets ahead of major central bank meetings, headlined by a two-day Federal Reserve gathering beginning later in the global day.
The Cable dropped to $1.3868 despite the Bank of England Governor Andrew Bailey said that he has become more positive about the recovery and that the economic effects of virus restrictions appear to be reducing.
The Japanese yen slightly gained to 109.17 against the U.S dollar ahead of BoJ's review to shore up its stimulus for the longer term is set to land this week as rising bond yields cause angst for central bankers around the world.
The Aussie dollar climbed to $0.7753 after Minutes of March month’s RBA meeting suggest that the Australian monetary policy authorities are concerned over the economy’s employment sector and are determined to keep the easy money policy.
South Africa's rand firmed at 14.86 against the greenback in afternoon trade on Monday as U.S. Treasury yields backed off recent highs.
The dollar-rupee stayed put at 40.40(selling) on the domestic market.
14:00 - EUR - German ZEW Economic Sentiment (Mar)
16:30 - USD - Retail Sales (MoM) (Feb)
16:30 - USD - Core Retail Sales (MoM) (Feb)