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Dollar weak, pound firm ahead of Comey, U.K. election

Published 2017-06-08, 03:29 a/m
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Investing.com - The dollar traded near multi-month lows Thursday as the pound firmed ahead of voting in the U.K. election.
The dollar index was off 0.03% at 96.64 at 02:45 ET.
Former FBI chief James Comey Thursday is due to testify before the Senate on alleged links between Trump's camp and Russia during the presidential election.
In prepared remarks Comey said Trump asked him to drop a probe into sacked National Security Adviser Michael Flynn's ties with Russia.
Trump fired Comey during his office's investigation into the issue.
The (pound) firmed to two-week highs at over $1.29 as some polls pointed to an increased majority for the ruling Tories.
The dollar held below 110 against the yen. Japanese first-quarter GDP growth missed forecasts.
The (euro) was firm above $1.12 after recovering from a slump on reports ECB to cut inflation forecasts.
The ECB is expected to stand pat on policy Thursday, with the focus on Mario Draghi's news conference.

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