This Monday, the dollar is preparing to receive data on American inflation and several speakers from the Fed, while the rupee could fall to an all-time low.

The dollar started to be cautious on Monday as markets prepared to receive U.S. inflation data and a series of Federal Reserve speakers this week, while the yuan kept on a hangover after the latest plan by disappointing revival of Beijing. The dollar settled at 7.1970 yuan, after jumping 0.7% on Friday, and seems ready to test the 7.2000 barrier again. The dollar index was a bit firmer at 105.00, after gaining 0.6% last week, mainly against the euro. The dollar was up 0.1% against the yen at 152.90, after being pulled from last week's high of 154.70 by the risk of Japanese intervention

The euro has been put under pressure by U.S. President-elect Donald Trump's proposals for import tariffs, which could hurt European exports and risk triggering a global trade war.

The Indian rupee could fall to an all-time low at the opening on Monday as concerns about the impact of Donald Trump's victory weigh on Asian currencies. The one-month undeliverable futures contract indicates that the rupee will open at 84.38-84.40, compared to 84.3750 on Friday and the all-time low of 84.38

The offshore Chinese yuan was a bit higher in Asian trading after falling by 0.7% on Friday after China's latest fiscal stimulus package did not excite investors.