Treasury

EUR/USD
Euro popped to a three-day high to $1.1750 after eurozone business data grew strongly this month as a rapid COVID-19 vaccination drive allowed more firms to reopen and customers to venture out.

GBP/USD
Sterling jostled to $1.3723 despite survey data published showing Britain's post-lockdown economic rebound slowed sharply in August.

USD/JPY
Safe-haven yen mounted to 109.75 per dollar as IHS Markit US Manufacturing PMI dropped 61.2 in August from 63.1 in July, much below the market forecast of 62.5.

USD/CAD
Canadian dollar soared to 1.2656 per dollar, following oil prices rebounded from a seven-day losing streak.

AUD/USD
The Australian dollar spiked to 0.7214 after Prime Minister Morrison said Australians must start to learn to live with COVID-19 when higher vaccination targets are reached.

USD/ZAR
Rand surged to 15.11 against its U.S counterpart, buoyed by improved risk sentiment on optimism over COVID-19 vaccines and easing lockdown restrictions. Focus shifts to unemployment data and the producer price index for clues about the health of Africa's most industrialised economy.

USD/MUR
The dollar-rupee loitered at 42.85(selling) on the domestic market.