Wednesday morning, the Reserve Bank of New Zealand will meet for its last monetary policy meeting of the year. It will also be the last meeting chaired by acting Governor Christian Hawkesby before Anna Breman takes over as Governor next week, Commerzbank's FX analyst Volkmar Baur notes.
The EUR/GBP cross holds steady near 0.8790 during the early European session on Tuesday. Markets might turn cautious ahead of the UK government's Autumn Budget, which is scheduled for Wednesday.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.65 during the Asian trading hours on Tuesday. The WTI loses ground as the United States (US) pushes for a peace plan between Ukraine and Russia to end the three-year war.