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A poll shows a decline in forex sterling and the suspension of the British parliament

A poll shows a decline in sterling and the suspension of the British parliament

It also slipped to a low of 0.8738 pound per euro, near Friday’s eight-week low of 0.8750.

Investors continued to await clues from the European Central Bank that it would wind down its bond purchase programme this autumn as planned in light of indications that the eurozone economy is improving.
The dollar index edged up 0.1 percent to 97.420, holding well above last week’s 6-1/2-month low of 96.797.
The pound was down 0.3 percent at $1.2816 after falling as low as $1.2791 earlier, approaching a one-month low of $1.2775 touched on Friday.
The greenback, which fell to 110.665 yen on Tuesday, last traded up 0.2 percent at 111.05 yen.

A poll shows a decline in sterling and the suspension of the British parliament

FOREX-Sterling

The dollar fell to near two-week low of 110.665 yen <JPY=> and last traded at 110.85 yen.
The pound fell to $1.2791 <GBP=D4>, near a one-month low of $1.2775 touched on Friday.
The pound also slipped to 0.8738 pound per euro <EURGBP=D4>, near Friday’s eight-week low of 0.8750.
(Reporting by Hideyuki Sano; Editing by Eric Meijer) ((hideyuki.sano@thomsonreuters.com; +81 3 6441 1827; Reuters Messaging: hideyuki.sano.thomsonreuters.com@reuters.net)) Keywords: GLOBAL FOREX/ (WRAPUP 1)
The dollar index <=USD> dipped to 97.396, giving up its gains so far this week.

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FOREX-Sterling drops on projection showing risk of UK hung parliament

It also slipped to as low as 87.38 pence per euro <EURGBP=D3>, near Friday’s eight-week low of 87.50.
The pound fell nearly half a percent in Asian trade to $1.2788, approaching the one-month low of $1.2775 touched on Friday.
Traders had their eyes on euro zone inflation data, due at 0900 GMT.
The greenback, which fell to 110.665 yen on Tuesday, last traded up 0.1 percent at 110.90 yen, staying within recently traded ranges.
The euro ticked lower as traders awaited inflation data for further clues on economic recovery in Europe, while the dollar recovered some ground against the yen.

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