EUR/USD slides to near 1.0520 in Tuesday’s North American session as investors turn cautious ahead of the European Central Bank (ECB) monetary policy meeting, which will be announced on Thursday.

The NZD/USD pair plunges to near 0.5820 in Tuesday’s North American session.

The Euro fell from 1.0600 on Monday and tumbled over 80 pips against the Greenback on Tuesday after Germany revealed that inflation remains steady.

The Mexican Peso (MXN) is drifting lower from the key 20.00 area weighed by a stronger US Dollar (USD).

Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven flows.

The Pound Sterling (GBP) consolidates in a tight range near 1.2750 against the US Dollar (USD) in Tuesday’s North American session.

The Euro resumed its broader bearish trend on Tuesday, breaking below November’s low at 0.8260 to reach its lowest prices in more than two years.

United States Redbook Index (YoY): 4.2% (December 6) vs previous 7.4%

The Pound Sterling (GBP) is a moderate outperformer on the session, holding fairly comfortably in the mid-1.27s versus the USD, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

China imported significantly more crude oil in November for the first time in a while.

The Euro (EUR) is softer, slipping back to the low 1.05s after failing to hold gains through the low 1.06s late last week, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Saudi Arabia reduced its official selling prices (OSP) for customers in Asia to a four-year low in January, Commerzbank’s commodity analyst Barbara Lambrecht notes.

United States Unit Labor Costs registered at 0.8%, below expectations (1.9%) in 3Q

The Canadian Dollar (CAD) is little changed overnight after slipping in late trade yesterday after PM Trudeau said Canada would retaliate in the event of new tariffs being imposed on Canadian exports under President-elect Trump’s administration, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Oil prices rose significantly at the start of the week, making up for Friday's losses, Commerzbank’s commodity analyst Carsten Fritsch notes.

Silver price (XAG/USD) trades in a tight range near $32.00 in Tuesday’s North American session.

The US Dollar (USD) is narrowly mixed to a little firmer against the majors in quiet trade.

The Gold price rose to as high as $2,675 per troy ounce yesterday, Commerzbank’s commodity analyst Carsten Fritsch notes.

The US Dollar is trading higher for the second consecutive day on Tuesday.

Mexico Consumer Confidence s.a: 47.4 (November) vs previous 49.4

Mexico Consumer Confidence down to 47.4 in November from previous 48.9

Brazil IPCA Inflation registered at 0.39% above expectations (0.37%) in November

This morning, the Reserve Bank of Australia (RBA) left the key interest rate unchanged at 4.35 per cent in its last monetary policy meeting of the year.

Upcoming CEWC likely to set a pro-growth tone and lay out stimulus plan, echoing the Politburo.

The AUD/USD pair plunges below the key support of 0.6400 in Tuesday’s European session.

South Africa Manufacturing Production Index (YoY) climbed from previous -0.8% to 0.8% in October

United States NFIB Business Optimism Index above expectations (94.2) in November: Actual (101.7)

Greece Industrial Production (YoY): -2.9% (October) vs previous 2.5%

The USD/CAD pair posts a fresh four-year high near the round-level resistance of 1.4200 in Tuesday’s European session.

Greece Consumer Price Index (YoY): 2.4% (November)