No great discovery was ever made without a bold guess.
USD
EUR/USD
The single currency spiked to $1.2060 for the first time since March 4 following the announcement that the European Union has secured an additional 100 million doses of COVID-19 vaccine by BioNTech and Pfizer speculation that the Federal Reserve could tone down its dovish policy guidance.
GBP/USD
The pound gained strong positive traction to $1.3993 on optimism concerning the U.K.'s economic recovery, backed by faster vaccinations. Market awaiting the U.K.'s employment figures for fresh impulse.
USD/JPY
Yen refreshed gains to a 6-week high at 107.95 per dollar on Monday as reduced Fed rate hike bets continued forming a backdrop on the U.S dollar.
AUD/USD
The Aussie extended last week's upturn to $0.7790 despite dovish RBA's minutes of last meeting and PBOC Interest Rate Decision unchanged.
USD/ZAR
South African rand spurred to 14.20 per dollar on higher demand for commodities as global sentiment improved with the falling COVID-19 infections.
USD/MUR
The local currency pair pulled back to 40.80(selling) following the Bank of Mauritius' intervention on the domestic market.
