Little calm returned to currency markets after officials from Russia and Ukraine held preliminary talks to ease tensions between the two countries.
This indirectly affected the movement of most major currencies including safe-havens which moved horizontally during the Asian session.
Although there was optimism in the negotiations, it ended with no decision being made. Although the next meeting will be held in a few days, but the conflict still continues to this day.
Meanwhile, President Vladimir Putin seems to be ignoring the sanctions and turmoil taking place in his financial markets. Russia took drastic measures by stopping security payments for foreigners.
The local stock market will continue to close on Tuesday, while the ruble plunged to its lowest level against the US dollar.
The dollar index traded steady at around 96.82 after declining at the end of the previous session.
While the euro and the pound were seen almost unchanged after grabbing slightly higher earlier, putting them remained around the lows against the greenback dollar.
The yen slipped slightly to 115.10 against the USD, easing gains previously recorded.
The Aussie dollar traded higher as investors awaited the outcome of the Australian Central Bank's (RBA) policy meeting at 11.30am.
