Treasury

EUR/USD
The Single currency firmed at $1.1930 following Germany's Chancellor confirmed an extension to the lockdown until April 18. The focus will be on the Congressional testimony by the Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen.

GBP/USD
The Pound eased to $1.3860 as investors weighed up the impact of the European Union’s threat to impose a ban on vaccine imports to Britain. EU’s leaders are due to discuss imposing a possible ban on vaccine exports to Britain at a summit on Thursday.

USD/JPY
Japanese yen tumbled to 108.75 against the greenback after U.S. home sales fell more than expected in February as cold weather blanketed many parts of the country.

AUD/USD
Aussie dipped to $0.7713 after China hit back immediately on the imposed sanctions on Chinese officials for human rights abuses in Xinjiang with punitive measures against the EU and further escalated diplomatic tensions.

USD/ZAR
The rand wobbled near 14.76 ahead of the South African Reserve bank’s meeting on Thursday.

USD/MUR
Dollar-rupee strengthened at 40.75 on the domestic market.