Safe-haven currencies soften as signs of recovery fan risk appetite
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TOKYO (Reuters) - Safe-haven currencies were on the backfoot on Tuesday as hopes of an economic turnaround boosted riskier assets like the Aussie and yuan, although worries about a blowout in British public spending kept the pound under pressure.Spurring fresh optimism on the U.S. economy was pending home sales data, which showed that housing market activity had quickly recovered in May from a plunge triggered by the pandemic.Pending home sales, based on contracts signed last month, surged..