The USD/JPY pair trades in positive territory near 155.20 during the early Asian session on Tuesday.

The Reserve Bank of Australia (RBA) will publish its minutes of its monetary policy meeting on Tuesday at 00.30 GMT.

The EUR/USD registers loses during the North American session down 030% as the Greenback enjoys a healthy recovery on speculation that the Federal Reserve might hold rates unchanged. The pair trades at 1.1589 after reaching a daily high of 1.1624.

The Japanese Yen (JPY) weakens against the US Dollar (USD) on Monday as Japan’s expansionary fiscal stance under Prime Minister Sanae Takaichi continues to weigh on the currency.

The Euro weakens against the British Pound on Monday, with EUR/GBP extending its pullback after climbing to fresh year-to-date highs near 0.8865 on Friday, as traders react to contrasting signals from the European Central Bank (ECB) and the Bank of England (BoE).

The Pound Sterling remains firm during the North American session as traders prepare for the first jobs report from the US, which would be released on Thursday, a day which usually features Initial Jobless Claims. At the time of writing, the GBP/USD trades at 1.3166, virtually unchanged.

EUR/CAD trades lower on Monday around 1.6250 at the time of writing, down 0.30% on the day, after Canada published a set of mixed inflation data for October.

The Japanese Yen (JPY) is soft, down 0.2% against the US Dollar (USD) and a mid-performer among the G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Pound Sterling (GBP) is down a marginal 0.1% against the US Dollar (USD) and performing relatively well against most of the G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Canadian Dollar (CAD) trades on the back foot against the US Dollar (USD) on Monday, with USD/CAD edging modestly higher following Canada’s October inflation report. At the time of writing, the pair is trading around 1.4040, as a firmer Greenback adds to the downside pressure on the Loonie.

The Euro (EUR) is entering Monday’s NA session with a modest 0.2% decline, softening toward 1.16 in an environment of broad-based US Dollar (USD) strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report

The Canadian Dollar (CAD) is little changed on the day and continues to hold within the trading range established around the 1.40 level, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

AUD/USD trades around 0.6510 on Monday at the time of writing, down 0.40% on the day. The Australian Dollar (AUD) declines against the US Dollar (USD), paring part of last week’s gains as investors rapidly adjust expectations regarding the trajectory of Federal Reserve (Fed) policy.

 The Canadian Dollar holds marginal gains against a firmer US Dollar on Monday, but the USD/CAD remains trading back and forth within the last few days’ trading range, with downside attempts held above the 1.4000 level and bulls capped below 1.4050.Most currency pairs are trading within recent range

USD/CHF remains supported on Monday, trading around 0.7950 at the time of writing, up 0.17% on the day. The pair is lifted by renewed strength in the US Dollar (USD) as expectations for an imminent policy easing by the Federal Reserve (Fed) continue to fade.

Outlook is unclear; US Dollar (USD) could trade between 153.80 and 155.05. In the longer run, for the time being, USD could trade between 153.20 and 155.05, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

New Zealand Dollar (NZD) is likely to trade in a range between 0.5650 and 0.5690. In the longer run, no change in view; NZD is likely to trade in a range between 0.5605 and 0.5695, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

The US Dollar trades higher against the Japanese Yen on Monday, with price action approaching the 155.00 level.

Australian Dollar (AUD) is expected to trade in a range between 0.6510 and 0.6560. In the longer run, for the time being, AUD is likely to trade in a 0.6490/0.6580 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD/CAD remains anchored above 1.4000 as markets await Canada’s October CPI, expected to cool to 2.1% year-on-year.

Pound Sterling (GBP) is expected to trade between 1.3120 and 1.3200. In the longer run, there has been a tentative buildup in momentum, and GBP could test 1.3240, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

EUR/JPY trades around 179.60 on Monday at the time of writing, virtually unchanged on the day after pulling back from last week’s multi-year high near 180.00.

Next Wednesday, the Reserve Bank of New Zealand will meet for its last monetary policy meeting of the year and also for the last time under the leadership of Acting Governor Christian Hawkesby, Commerzbank's FX analyst Volkmar Baur notes.

USD/JPY continued to trade near recent highs. Opposing forces of fiscal concerns, delayed BOJ policy normalisation, risk sentiments and intervention risks should continue to drive the pair. USD/JPY last seen at 154.75 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

USD/CAD is retreating after rejecting resistance near 1.4150 and is now moving toward the 200-DMA and key channel support at 1.3930/1.3880. A bounce is possible at this zone, but a break below it would open the door to further losses, Société Générale's FX analysts note.

The Pound appreciates moderately against the Japanese Yen on Monday, reverting some of Friday’s lows and returning to the upper range of the 203-00s. The long wicks on the daily chart, however, reveal hesitation ahead of a significant resistance area, between 204.05 and 204.25.

Silver (XAG/USD) is showing a mild recovery attempt on Monday. The pair bounced up from $50.00 lows on Friday but is struggling to find acceptance above the $51.00 level. which leaves price action hovering in no man's land, after a sharp reversal from the $54.30 area last week.

All eyes will be on Monday’s inflation report, as Statistics Canada releases October’s CPI figures. The data will give the Bank of Canada (BoC) a much-needed update on price pressures ahead of its December 10 meeting, where policymakers are widely expected to keep rates steady at 2.25%.

NZD/USD gained for the second successive session, trading around 0.5680 during the European hours on Monday. The New Zealand Dollar (NZD)after US President Donald Trump on Friday lifted tariffs on New Zealand exports worth about NZ$2.21 billion ($1.25 billion) annually.

The Pound has bounced up from session lows near 1.3135, to hit session highs near 1.3180, but remains moving within previous ranges, extending the choppy and sideways trading seen over the last few weeks.