The dollar remained on the defensive against the safe-haven yen on Monday as the...
That helped allay some fears that Beijing would use its currency as a weapon in its trade war with the United States.
All eyes will be on Chinese figures on July retail sales and industrial output due Wednesday to gauge the impact of the long-running tussle with the United States on domestic activity. Likewise, sterling had sunk to depths not visited since 2016 at 126.69 yen GBPJPY=having shed over eight yen in little more than two weeks.
The Telegraph reported Labour MPs had been told to cancel all travel in early September in anticipation of Jeremy Corbyn tabling a motion of no confidence in the government., bound between resistance at $1.1249 and support at $1.1175.
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