Treasury

EUR/USD
The Shared currency struggled at $1.1765 as the prospect of stricter coronavirus curbs in France and Germany dimmed the European economy's short-term outlook.

GBP/USD
Sterling dropped back to $1.3774 from a high of $1.3850 on Monday after the Biden administration has warned it could slap 25% tariffs on British exports to the U.S. after the U.K. levied a digital services tax on significant technology companies.

USD/JPY
The yen fell off the cliff to 109.94 versus the greenback climbing Treasury yields, the quickening U.S. COVID-19 vaccination rollout and massive U.S. stimulus measures all flaming inflation concerns.

USD/CAD
The Canadian dollar rose to 1.2586 as shipping traffic resumed through the Suez Canal and attention switched to an OPEC meeting this week.

AUD/USD
The Aussie dollar drifted higher to $0.7651, supported by optimism on global economic recovery and China growth prospects.

USD/ZAR
Rand reversed last week losses to 14.87/DLR as hopes of a faster economic recovery added on to positive global cues.

USD/MUR
The dollar-rupee reaped to 40.85(selling) as increasing demand from local importers lifted demand for the U.S. dollar.