"The rapidly improving economic outlook in the UK amid general dollar weakness may just be the catalyst to move sterling back above 1.40 in the coming weeks," said Commonwealth Bank of Australia analyst Kim Mundy.
News reports about his tax-hike plan dented markets' risk appetite only briefly on Friday but analysts think there could be a bigger reaction if the plan becomes more concrete.
The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 96.69, firmer than the previous day's 96.56.
On the third month continuous chart, the contract seems to be riding on a wave c, which is capable of travelling far below the nearest support at 3,659 ringgit
The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange gained 53 ringgit, or 1.42pc, to 3,790 ringgit ($915.46) a tonne during early trade, its highest since March 25.