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Foreign Exchange Analysis Headlines

Pound poised for biggest drop in a month on weak data

The pound was on track for its biggest daily slide in a month on Monday after data showed the British economy slowed sharply in April with the manufacturing sector proving to be a weak spot as a results of Brexit uncertainty.

Dollar depressed ahead of U.S. jobs data

The dollar dipped in Thursday afternoon trade ahead of Friday's U.S. government jobs report, which is forecast to show slowed growth and will inform market expectations of interest-rate cuts in 2019.

Sterling to slide on no-deal Brexit - Reuters poll

Sterling would weaken considerably against both the dollar and euro if Britain left the European Union without a deal, according to strategists in a Reuters poll, with many saying the pound could reach parity with the common currency.

Yen gains on U.S.-Mexico trade woes; ECB awaited

The yen edged up versus the dollar on Thursday as sentiment soured over U.S.-Mexico talks on tariffs and immigration, fuelling broader concerns about global trade hostilities and raising appetite for safe-haven currencies.

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