Real leadership reputations are made or lost during the times of a crisis.
USD
EUR/USD
The single currency tumbled to $1.1830, pressured by the downbeat market mood amid a rapid surge in coronavirus cases globally. U.S. House Speaker Nancy Pelosi said on Sunday that she expected a White House response on Monday regarding the latest stimulus spending plan.
GBP/USD
The pound fell to $1.3020, after the UK Purchasing Managers' Index (PMI) fell to a four-month low, even though France was willing to compromise on the issue of fisheries, a key sticking point in Brexit negotiations.
USD/JPY
The Japanese Yen edged lower to 104.90 per dollar on reports that the Japanese government boosted an extra budget worth around $95.5 billion to counter the economic damage induced by the coronavirus pandemic.
AUD/USD
The Aussie plunged to $0.7112 as U.S political uncertainty ahead of Nov.3rd presidential election, and U.S stimulus stalemate weighed on risky assets.
USD/ZAR
The South African rand cascaded from 16.13 to 16.25 against the U.S dollar ahead of the medium-term budget speech due on Wednesday.
USD/MUR
The dollar-rupee remains flat at 40.25(selling) on the domestic market.
13:00 - EUR - German Ifo Business Climate
18:00 - USD - New Home Sales (Sep)