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The fiber hammered to $1.2075 amid risk-off mood with surging covid cases in Italy, unabated by Friday data that showed U.S. retail sales fell for a third straight month in December.
The cable crushed to $1.3568, soured by the fall in U.K GDP by 2.6% in November from October and on fears of virus variants and fresh lockdown restrictions.
The Japanese Yen tread water around 103.75 per dollar, stretched by expectation Janet Yellen to take over the U.S. Treasury and market-set currency rates on Tuesday.
The Aussie plunged to $0.7685, although China's Gross domestic product grew 2.3% and Industrial production printed 7.3% in 2020.
South Africa's rand weakened to 15.26 against the U.S. dollar, as currency markets turned risk-averse to the benefit of the greenback. Attention will turn to the South African Reserve Bank's (SARB) first monetary policy meeting of 2021 on Thursday.
The dollar-rupee soared by 25 cents to 39.95(selling) in the wake of Bank of Mauritius' intervention on Friday.