Sterling enjoyed a relatively rosy day on most key crosses, but fell against a resurgent US dollar ahead of US President Donald Trump outlining his proposed tax reforms later on Wednesday.
The Trump administration is preparing an executive order to withdraw from the North American Free Trade Agreement.
Stocks in London ended Wednesday on a positive note ahead of US President Donald Trump's big unveiling of his much-anticipated tax reform proposals.
One of Deutsche Bank's top executives has warned as many as 4,000 jobs at the lender could be at risk due to Britain's impending departure from the European Union.
Gamblers have been piling in to bet on far-right candidate Marine Le Pen wrestling a surprise win over centrist candidate Emmanuel Macron next month, according to bookmakers.
The Bank of Japan was likely to refrain from announcing any changes to the settings for its main policy levers on Thursday at its next meeting given the risk that inflation would remain far from its target, analysts at Bank of America-Merrill Lynch said.
Crude-oil futures were tending lower ahead of industry stores data from American Petroleum Institute later on Tuesday.
European passengers travelling to the US may face a ban on bringing their laptops on board as Donald Trump weighs up plans to restrict the use of computers on flights from Europe.
The Canadian dollar depreciated to the lowest levels since December against the US dollar on Tuesday, with a possible trade war likely to do major damage, writes Ipek Ozkardeskaya of London Capital Group.