The U.S. dollar exhibited weakness against its peers on Tuesday, with the British Pound Sterling leading the charge, scoring notable gains amid reports there could be delays on Brexit.
According to reports, a second referendum looks very likely. British Prime Minister Theresa May said a vote on her Brexit deal would be held on March 12. In the event of the deal getting rejected again, there will be a vote on a no-deal Brexit in Parliament on March 13, and if that fails, the lawmakers would then vote on March 14 to see if article 50 could be extended beyond the March 29 deadline.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.