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Cable Dips On Report Of EU Infringement Proceedings Vs UK

EUROPE

GBPUSD dips briefly below 1.3000 on a Bloomberg report (citing a document that it has seen) that the E.U. sees the case for launching infringement proceedings against the U.K. for the internal-market bill published today. This is shortly after Cable hit session highs of 1.3023 (having traded as low as 1.2885 earlier).

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