On Tuesday, U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, jumped 0.56% to 95.73. Dollar was also boosted after news that China would input more stimulus measures in response to an unexpected fall in the country's exports in December. The measures should help ease investor worries over slowing global growth.
EURUSD was trading 1.1397 slipped 0.67% as data showed that Germany’s economy slowed in 2018 ,Growth in the Germany economy slowed to 1.5% in 2018, the slowest rate of growth in five years.
Investors were waiting for the results on the parliamentary vote on the UK’s withdrawal from the European Union.
Sterling was lower, as UK Prime Minister Theresa May’s Brexit deal is largely expected to lose a parliamentary vote later in the day. The prospect of a no deal is increasing, as the UK is expected to leave the bloc on March 29. GBP/USD inched up 0.15% to 1.2859.
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