EUR/USD struggled to gather directional momentum on Monday and closed the day with marginal gains. The pair stays quiet early Tuesday and continues to move sideways at around 1.1750.

Gold (XAU/USD) attracts some sellers during the Asian session on Tuesday and extends the overnight pullback from the $4,350 region, or the vicinity of the highest level since October 21, touched last week.

Spot Gold trades around $4,300 at the start of the new week, pretty much unchanged on a daily basis. The bright metal found some near-term demand throughout the first half of the day amid persistent US Dollar (USD) weakness.

The EUR/USD pair remains stable near 2-month highs as traders await the ECB policy announcement and delayed US jobs data, with bullish momentum supported by central bank divergence.

The EUR/USD pair trades around 1.1750 on Monday, with the US Dollar (USD) under mild near-term pressure early in the American session.

Gold (XAU/USD) continues its bullish climb near all-time highs, supported by Fed rate cut expectations and USD weakness, with resistance at $4390 and key support at $4240.