The dollar was buoyant on Tuesday as political turmoil in France undermined the euro, while tariff risks and weakness in China's economy pushed the yuan to a one-year low.

Asian stocks climbed on Monday, buoyed by record high closes on Wall Street, while the dollar bounced back from multiweek lows against the yen and British pound in a crucial week for the U.S. interest rate outlook.

Oil prices drifted higher in Asian trade on Monday following some positive economic readings from top importer China, with focus turning to an upcoming OPEC+ meeting for more cues on supplies. 

The dollar crept higher on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while the yen's recent rebound was underpinned by wagers on rising rates at home.

Most Asian stocks fell on Friday as an escalation in the Russia-Ukraine war dented risk appetite, while Japan's Nikkei dropped as the yen surged on strong inflation data.

Oil prices rose slightly on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ceasefire violations, and as a delay to an OPEC+ meeting left investors awaiting a decision on its output policy.