The dollar rose to fresh 2018 highs on Tuesday amid heightened geopolitical risk ahead of an announcement on the future of the Iran nuclear deal and after a hawkish signal from Federal Reserve Chairman Jerome Powell.
The dollar rose to fresh four month highs against a currency basket on Tuesday, sending the euro below $1.18, while commodity linked currencies fell along with oil prices ahead of an announcement on the future of the Iran nuclear deal.
Facebook (O:FB) will no longer accept advertisements from outside Ireland related to the country's May 25 abortion referendum, the U.S. firm said on Tuesday, in its latest move to boost the transparency of its political advertising.
The dollar was hovering just below four month highs against a currency basket on Tuesday amid indications that the U.S. economy remains on track, while the euro remained below the $1.19 level as concerns over economic headwinds weighed.
Cryptocurrencies traded lower across the board on Monday as worries over Japanese regulation outweighed signs that South Korea could ease restrictions.