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• The dollar held steady versus the yen on Tuesday and held above a two-month low, with the near-term focus on a possible Senate vote on a U.S. tax plan later in the week.

The dollar held steady at 111.14 yen JPY=. On Monday, the dollar had set a two-month low of 110.85 yen, as investors were spooked by Japanese media reports saying that North Korea may be preparing for another missile launch.

Worries about potential delays in the implementation of U.S. tax cuts and the possibility of reform measures being weakened have weighed on the greenback in recent weeks.

The dollar’s index against a basket of currencies held steady at 92.882 .DXY, having set a two-month low of 92.496 on Monday.

The euro held steady at $1.1903 EUR=, after scaling a two-month peak at $1.1961 on Monday.

• A U.S. Senate Republican tax bill strongly backed by President Donald Trump faced potential opposition on Monday from two Republican lawmakers who could prevent the sweeping legislation from reaching the Senate floor.

• Federal Reserve Chair Janet Yellen will testify on the economic outlook before the congressional Joint Economic Committee on Nov. 29, the committee said on Thursday.

The hearing is scheduled for 10 a.m. (1500 GMT), it said in a statement.

Yellen told President Trump in a letter on Monday that she will step down from the Fed’s Board of Governors when her successor is sworn in as Fed chair. Trump has nominated Jerome Powell for the top job.

• Concern over stock market values is growing at the Fed, with one official worrying that waiting too long to tighten policy could have more serious effects later.

In an essay released Monday, Dallas Fed President Robert Kaplan warned about "excesses" in the economy, pointing specifically to stocks and the government debt. The S&P 500 market cap is at 135 percent of GDP, the highest since 1999-2000, just as the dot-com bubble was about to pop, the central banker said.

• Cyber Monday was on track to become the biggest-ever internet shopping day in the United States as people snapped up bargains on toys and electronics, with many more buying from their phones.

The shopping event is expected to generate $6.6 billion in sales, up from $5.6 billion a year ago, according to Adobe Analytics, which measured 80 percent of all online transactions from the top 100 U.S. web retailers. As of 10:00 p.m. EST (03:00 GMT), revenue from smartphones was $1.12 billion.

• Japan has detected radio signals suggesting North Korea may be preparing for another ballistic missile launch, although such signals are not unusual and satellite images did not show fresh activity, a Japanese government source said on Tuesday.

• Britain's major banks would be able to withstand a "hard Brexit" scenario, according to the Bank of England's (BOE) annual stress test of the U.K. financial system.

In the BOE's latest report published Tuesday, the Bank found the U.K.'s seven-largest lenders would be able to continue lending even if Britain were to abruptly leave the European Union (EU) in 2019.

• Oil prices slipped in Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers and expectations of higher supply as the Keystone pipeline restarts.

Brent futures had fallen to $63.67 a barrel by 0628 GMT, down 17 cents, or 0.3 percent, from their previous close.

U.S. West Texas Intermediate (WTI) futures were down 33 cents, or 0.6 percent, at $57.78 a barrel, after falling 1.4 percent in the last session.