Treasury

EUR/USD
The Shared currency shot up to $1.0664 after European Central Bank President Christine Lagarde said policymakers were likely to lift the euro area deposit rate out of negative territory by the end of September 2022.

GBP/USD
The Cable grinded higher to $1.2565 amid a rebound in the risk-on impulse, which has strengthened the risk-sensitive currencies and has diminished the safe-haven's appeal.

USD/JPY
The Japanese yen gained to 127.60 against the U.S dollar after Bank of Japan (BOJ) Koji Nakamura, head of the central bank division overseeing monetary policy drafting, said Monday that the BOJ will continue to ease monetary policy to assist the economy.

AUD/USD
The Aussie dollar meandered at $0.7080 on mixed economic data as Australia’s S&P Global Manufacturing PMI for May came in softer but Services PMIs rose past market consensus.

USD/CAD
The Loonie took a bath at 1.2805 per U.S dollar as China prepares to ease COVID-19 lockdowns after two months, a tight global supply outlook acted as a tailwind for crude oil prices, which, in turn, underpinned the commodity-linked loonie.

USD/ZAR
The South African rand strengthened to 15.84 against the greenback, supported by rating agency S&P upgrading the country's sovereign outlook to "positive".

USD/MUR
The dollar-rupee stayed put at 43.55 (selling).