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Currencies: Dollar starts week lower, as British pound soars on Brexit agreement

The U.S. dollar kicked the week off slightly weaker, as traders focused on Brexit developments that pushed the British pound to a one-month high against the buck.

What are currencies doing?

The ICE U.S. Dollar Index DXY, -0.18% was 0.3% down at 90.000 on Monday, after raking in its fourth weekly gain in a row last week when the index gained 0.2%, according to FactSet. The broader WSJ U.S. Dollar Index BUXX, -0.09% which measures the buck against a basket also including emerging markets currencies, was off 0.1% at 83.86.

The British pound GBPUSD, +0.7100% soared to $1.4051, compared with $1.3944.

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