Gold price (XAU/USD) edges higher during the Asian session on Tuesday, though it lacks follow-through and remains close to a one-week low touched the previous day.

GBP/JPY halts its two days of gains, trading around 195.40 during the Asian hours on Tuesday.

EUR/GBP extends its losses for the second successive session, trading around 0.8260 during the early European hours on Tuesday.

This week, the markets still face five central bank decisions in the G10 currencies ahead: the Fed on Wednesday, on Thursday the Nordic central banks as well as the Bank of England and the Bank of Japan, Commerzbank’s FX analyst Antje Praefcke notes.

EUR/JPY halts its two days of gains, pulling back from a four-week high of 162.47, which was marked on Tuesday.

The Norwegian Central Bank won’t bring forward its first interest rate cut from March to January at its meeting on Thursday.

The Riksbank did frontloading in November by cutting the key interest rate by 50 basis points from 3.25% to 2.75%, while signaling that more could come.

The Canadian Dollar (CAD) is softer again—which is no great surprise given the flow of news from Ottawa in the past 24 hours. Freeland’s shock departure from Finance and the tone of her resignation letter leaves a dense cloud of political uncertainty hanging over government.

The Gold price fell to $2,650 per troy ounce on Friday, reversing most of the strong gains from the first half of the week within two trading days, Commerzbank’s commodity analyst Carsten Fritsch notes.

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades with gains around 106.80 on Tuesday, as upward momentum stalls following November’s Retail Sales release.

The Australian Dollar falls sharply to near 0.6340 amid a cautious market mood ahead of the Federal Reserve’s policy announcement.