By Rob Howard — Dec 12 - 06:35 AM
Cable falls to 1.2737 after offers pre-1.28 capped early London gains
1.2737 = intra-day low; 3.5 pips shy of Wednesday's NY afternoon low
Wednesday's low was 1.2716, before as expected US CPI data for Nov
US Nov PPI, weekly jobless claims data due 1330 GMT: 2.6% YY; 220k f/c
UK Oct GDP data due Friday at 0700 GMT; 0.1% growth forecast nL1N3NA0KD
Fed cut/BoE hold expected next week. Will BoE cut rates by 100 bps in 2025?
Source:
London Stock Exchange Group | Thomson Reuters