EUR/USD remained stable after posting losses in the previous session, trading around 1.1400 in Asian session on Monday. The pair faced challenges as the US dollar (USD) was supported by stronger-than-expected US May jobs data on Friday, which raised the possibility that the Federal Reserve (Fed) would keep its benchmark interest rate unchanged at the next two monetary policy meetings.

The US Bureau of Labor Statistics (BLS) revealed that US non-farm payrolls (NFP) increased by 139,000 in May, compared with an increase of 147,000 in April (revised from 177,000). This reading was higher than the market expectation of 130,000. In addition, the unemployment rate remained unchanged at 4.2% and the average hourly earnings remained unchanged at 3.9%, both of which were stronger than market expectations.

Traders may focus on the US-China trade talks scheduled for Monday in London. US Treasury Secretary Scott Bessant and two other Trump administration officials will hold discussions with their Chinese counterparts as the two countries spar over multiple issues amid an escalating trade war.

European Central Bank (ECB) policymaker Janis Stournaras said the eurozone had achieved a soft landing and stressed that policy easing is almost over. However, Stournaras warned that uncertainty related to potential US tariffs could disrupt growth, Bloomberg reported.

ECB President Christine Lagarde also noted that the central bank is close to the end of its easing cycle. Monetary policy is "in a good position" and the current uncertain outlook is more severe than before, Lagarde added.