On Monday, the Greenback edged higher to its highest level in an eight-month vs. the JPY, due to divergent monetary policy expectations between the BOJ and the Federal Reserve.
Demand for the U.S. dollar increased amid expectations that the Fed could stick to its plan for gradual monetary tightening.
On the release front, The U.S. nonfarm payrolls report showed a smaller than expected hike in jobs growth and a slowdown in wage growth.
The single currency was little changed vs. the greenback to settle at with EUR/USD at $1.1604 as markets are awaiting any fresh developments in U.S. tax reform plans.
The Sterling pound rose as much as 0.21% vs. the U.S. dollar with GBP/USD at $1.3105 after posting the largest one-day decline since the Brexit vote. No major reports are due from the UK today.
Gold prices edged lower near their lowest level in three months, as largely strong U.S. economic data boosted already high anticipations that the Federal Reserve will hike rates before the end of the year. Gold Futures - Dec 17 (GCZ7) rose as much as 0.08% at $1,270.20.
Oil prices have risen to their highest levels since July 2015 as markets tightened, as Saudi Arabia's crown prince boosted his power through an anti-corruption crackdown. Crude Oil WTI Futures - Dec 17 (CLZ7) rose as much as 0.66% at $ 56.01, while Brent Oil Futures - Jan 18 (LCOF8) was up 0.72% at $62.52.
Economic Calendar (all times in GMT)
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