Cable at lowest since November A light US dollar big is weighing on cable as the struggling pound falls to the lowest since November, touching 1.3050. Support is at the November low of 1.3047 and the October low of 1.3027 followed by the big figure. What a swan dive for cable. I’ve been highlighting the
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Germany states will be getting their CPI prints for June later Last month’s prints saw a rebound from April (which were muddied from Easter seasonality) and it provided a more upbeat backdrop on inflation for the euro and the ECB. Given that the central bank has a more positive outlook on inflation now, it’s now
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