Concerns over the US economic growth that will be affected by the ongoing tariff war issue continued to put pressure on US dollar trading until the opening of the week.
The US dollar's attraction to the safe-haven weakened despite the risky global market environment, while investors turned to the yen with the central bank's monetary policy stance for policy tightening.
The US NFP employment report published last Friday added further negative signals for the economy while the market will also await the latest indications on inflation data this week.
The lack of focused economic data at the beginning of the week yesterday slowed down price movements on major charts.
The US dollar, although slow, is still seen in less than encouraging performance following the previous significant weekly decline.
The Canadian dollar is among the notable ones showing movement with a decline influenced by tariff pressure from the US and also the latest, from China.
Investors will also be cautiously awaiting the outcome of the Bank of Canada (BOC) policy meeting on Wednesday.
For today's focus, the JOLTS employment data report will be published in the New York session for the market to evaluate the latest indicators on the US labor sector.
The figures will show the number of jobs offered last January. Forecasts show that the numbers have not changed much from the previous record which experienced a decline.
