The safe haven yen slipped broadly while the Turkish lira bounced versus the dollar in the wake of a failed military coup in Turkey. European stocks opened higher following the lead from Asian shares as investor concern over geopolitical and political turmoil eased after the failed coup.
USD/JPY rose more than 1 percent to 105.85 as the yen was sold off aggressively with risk aversion subsiding. EUR/JPY rose above 117 while GBP/JPY soared above 140. EUR/USD was up more than a quarter percent to 1.1072 overnight.
The kiwi dollar slipped to 0.7068 overnight but recovered above 0.7100 by the time of writing as New Zealand's consumer price index rose less than expected and sparked expectations for an interest rate cut in August.
On Monday, EU foreign ministers are due to meet in Brussels under a cloud of geopolitical tension. New British Foreign Minister Boris Johnson will face his European counterparts for the first time in his new role, and following the Brexit vote, for which he was a key campaigner.
Cable was more than half a percentage point higher on Monday and traded around 1.3250.
