Sterling Levels Again After Brexit Talks – 25 March, 2019
After hitting a six week low against the yen, the dollar rebounded from the 109.70 it hit this week to 110.13 yen, gaining 0.15 percent, though global economic slowdowns are still a major concern for investors who lean towards the yen as a safe haven currency. With a lack of support from lawmakers for Prime Minister Theresa May’s latest Brexit plan, sterling dipped as low as $1.3162 before bouncing back to $1.32, weakening 0.2 percent against the euro. The euro was steady at $1.1316. The Australian dollar gained 0.1 percent to $0.7118, having gained 0.45 percent the previous session.