One of the fascinations for market watchers, is looking at a price ahead of an `important` piece of news, and the subsequent price action following publication, that is, how much of the real number is already `in the price`. The anticipation of certain statistics is one thing, but on a more macro level, there are times when certain assumptions gradually creep into market thinking, and it is always useful to review these.
Cable has been one of the best performers on the world currency stage recen…
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