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Currencies: Dollar slips as yen and franc havens gain

Geopolitical noise was the focus of foreign exchange investors on Monday, as safe havens like Japan’s yen and Switzerland’s franc gained and the dollar struggled.

The topics were plentiful. On the Brexit front, the Irish border remains a sore point for the U.K. and the European Union, as they failed to find a compromise. Northern Ireland is part of the U.K., while the Republic of Ireland is an EU member state, leading to questions about how their border will be treated post Brexit. The next EU summit, which will have Brexit at its center once again, is due to kick off on Wednesday.

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