The euro came under fresh pressure as Eurozone inflation dipped back into negative territory and markets discounted more stimulus from the ECB at its upcoming policy meeting, while, at the other end of the performance spectrum, the yen outperformed after the PBoC set the yuan reference rate lower for a fifth straight session, which sparked a risk-off sentiment and consequent haven demand for the Japanese currency. Sterling, meanwhile posted a fresh seven-year low against the dollar, at 1.3841, after the post-meeting G20 communique singled out Brexit risks.
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