U.S equity futures <ESc1> bounced sharply in the Asia session and pulled the region's risk-sensitive currencies along for the ride, even as Asia's stockmarkets wobbled. [MKTS/GLOB]
The Aussie <AUD=D3> rose 0.5% to $0.7091 and has lifted 3.8% in a week and a half. The kiwi <NZD=D3> rose 0.8% to $0.6458, a three-week high. [AUD/]
The euro and yen rose, with the Japanese currency <JPY=EBS> up 0.4% to 127.35 per dollar and the euro <EUR=EBS> up 0.2% at $1.0586 following last week's 1.5% gain on the dollar.
The U.S. dollar index <=USD>, up about 16% to a two-decade high over the 12 months to the middle of May, was down about 0.23% at 102.680 and has lost roughly 2% in a week.
The safe-haven Swiss franc <CHF=EBS> rose too, holding on to sharp gains made last week - its best since March 2020 - when it climbed from parity on the dollar to about 0.9716 per dollar.
The yuan <CNY=CFXS> had its best week since late 2020 last week and firmed to 6.6844 per dollar on Monday. [CNY/]
The Canadian dollar <CAD=D3> rose for a third straight week last week and was up about 0.4% to C$1.2800 per dollar on Monday. [CAD/]
Sterling leapt nearly 2% last week on the back of stronger-than-expected retail data and markets' broader re-think on whether global central banks are really lagging much behind the Federal Reserve. It was last <GBP=D3> up 0.4% at $1.2546. [GBP/]
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