Treasury

EUR/USD
The Single currency surged near a two-month high at $1.2116 on Monday following positive Euro area (German and France) and Eurozone Markit PMIs released on Friday and ahead of German business sentiment data later today.

GBP/USD
The Cable moved higher to $.1.3905 whetted by better than expected U.K. retail sales data on Friday.

USD/JPY
Yen a shade stronger at 107.70 versus the greenback amid speculation that U.S Fed Chairman Jerome Powell will shun talk of tapering bond purchases this week.

USD/CAD
The Loonie extended its gains to 1.2450 versus the U.S dollar after the Bank of Canada's announcement last week to reduce the amount of government bonds it was purchasing.

AUD/USD
The Aussie dollar staged a rebound to $0.7778 bolstered by improving risk sentiment as vaccine optimism gained momentum after Johnson & Johnson's got a go for usage.

USD/ZAR
Rand perked up at 14.26 as robust U.S. data supported the global reflation trade and encouraged investors to sell the safe-have dollar.

USD/MUR
The dollar-rupee struggled at 40.80(selling) as the greenback coming under broad-based selling pressure ahead of the FOMC meeting later this week.