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Cable catches a bid into the London fix

Cable catches a bid into the London fix

The rally in cable in the past few minutes is likely fixing demand into the London fix. We will see more of that into year end. With it, we've seen a bit of USD selling across the board.

The rule of thumb is to fade fixing moves though some times it's best to wait until the London close.

This article was written by Adam Button at forexlive.com... Read More
Posted: Dec 6 2022, 16:01
Author Name: forexlive
Views: 110899

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