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In Britain, the latest opinion poll, by Survation for ITV television, showed Prime Minister Theresa May’s lead over the opposition Labour Party holding at just 1 percentage point ahead of the election.
The dollar hit a six-week low against the safe-haven yen on Tuesday as caution mounted ahead of Britain’s election, a European Central Bank meeting, and former FBI Director James Comey’s testimony to a Senate committee – all of which are set for Thursday.
The greenback has been firmly on the defensive since Friday’s weaker-than-expected U.S. non-farm payrolls report prompted investors to pare back expectations of future interest rate increases by the Federal Reserve.
The common currency’s advance was relatively slow as a wait-and-see mood prevailed ahead of Thursday’s European Central Bank policy meeting, which is likely to result in another baby step toward removing the extraordinary monetary stimulus.
GBP/EUR 1.1481
GBP/USD 1.2919
GBP/AED 4.7428
GBP/AUD 1.7245
GBP/CAD 1.7325
GBP/CHF 1.2425
GBP/NZD 1.7989
EUR/USD 1.1237
GBP/ZAR 16.504