* Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh
By Saikat Chatterjee
LONDON, April 8 (Reuters) - The euro sat near a one-monthlow hit last week as investors grew cautious about the outlookfor the currency before a European Central Bank meeting thisweek.
"We are seeing more euro scepticism in the market asexpectations of an ECB rate hike has changed from theforeseeable future, with no firm timeline in sight," said UlrichLeuchtmann, a currency strategist at Commerzbank in London.
While the single currency EUR=EBS was slightly higher onthe day at $1.1228, it remained within striking distance of aone-month low of $1.1183 hit last week.
No policy changes are expected at this week's ECB meeting,but the press conference afterwards will be in sharp focus amidtalk of tiered rates to ease pressure on banks, global recessionfears and a sense of alarm that pushed 10-year German bondyields below zero percent for the first time since 2016.
Risk appetite was broadly muted across the currency marketswith the yen JPY=EBS stronger and the Australian dollar AUD=D3 weaker as concerns about the outlook for the globaleconomy weighed on sentiment.
The dollar was also weighed down by softening bond yields.The greenback was 0.3 percent lower at 111.385 yenJPY=EBS after briefly popping up to a three-week high of 111.825 onFriday following the U.S. jobs report.
The Australian dollar dipped 0.1 percent to $0.7095AUD=D4 in the wake of declining prices of commodities such as copper.
The pound GBP=D3 held near a one-week low as France andthe Netherlands expressed doubt about May's plan to furtherdelay Brexit. Sterling last traded at $1.3050 for a gain of 0.1percent. (Reporting by Saikat Chatterjee; Additional reporting byShinichi Saoshiro in TOKYO; Editing by Hugh Lawson) ((firstname.lastname@example.org; +44-20-7542-1713;Reuters Messaging: email@example.com))
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