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Spikes to $1.3006 as US CPI misses............>

CABLE
MNI (London)
CABLE: Spikes to $1.3006 as US CPI misses forecast, 0.1%mm for both headline and
core vs 0.2% forecast. Dollar sold off in reaction across the board, traders
watching Usd/Jpy as it broke below Y108.80 but no follow through seen as yet.
Cable now trades back just under the figure. Cable resistance seen at $1.3013/15
ahead of stronger level at $1.3030. Support remains down at $1.2950.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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