Oil hit a 2019 high above $69 a barrel on Tuesday. Traders presumed that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut.

The original Brexit day which was supposed to be today has been postponed – to exactly when remains unknown. The British pound is on track for its worst month in five months.

Sterling fell more 0.5% as concerns grew that May’s offer to resign failed to convince her party hardline eurosceptics to support her Brexit withdrawal deal.

The pound lost 0.3% to $1.3167 before steadying near $1.32 as Britain’s parliament ahead of a series of Brexit votes.

Despite a slowdown in the euro zone economy the euro has remained in a range of $1.12 to $1.16 in 2019. The single currency held around $1.13 on Tuesday after economic surveys showed tentative signs of recovery in the euro zone economy.