Tuesday's session was dominated by the British pound and Brexit's pending vote on how the U.K. will leave the European Union on March 29.
The British pound experienced a volatile morning, marked by a sharp 2% swing between its high and low-point, ahead of the key vote in Parliament on Prime Minister Theresa May's revamped Brexit deal. The U.K.'s pro-Brexit European Research Group said it couldn't recommend backing the prime minister in Tuesday's vote. The vote is expected around 7 p.m. London time, or 3 p.m. Eastern.
The pound last bought $1.3124, having recovered from its session low but still down from $1.3149 late Monday. Against the euro sterling also dropped sharply, with the shared currency buying £0.8592, up 0.5%, also off its highs.
Source : MarketWatch