Market movement was slow at the opening of trading early this week with the US dollar moving weaker against several major currencies.
Market focus is on the progress of trade negotiations by representatives from the United States (US) and China who met in London on Monday.
These latest talks are expected to clarify the failure of the agreement held in Geneva last month, and reduce tensions between the two giant economies.
Market sentiment recovered at the beginning of the week but investors are still cautiously watching further developments in the talks that will continue today.
Customs data reports show that China's export growth slowed to a 3-month low in May due to pressure from US tariffs on shipments.
The US NFP employment report at the end of last week, which was considered good, supported the positive movement of the US dollar.
However, momentum was still seen fading on Monday yesterday, as investors are likely to be cautious ahead of the release of the US inflation report this week.
The latest consumer price index (CPI) will be the Federal Reserve's next guide after the NFP suggested a longer period for interest rate cuts to be implemented.
Fed officials are still signaling they are in no rush to cut interest rates with the economy still strong.
Meanwhile, pressure is back on the Fed Chairman as Donald Trump renewed his threat to remove him after announcing a new chairman candidate.
