Cable has chomped through reported offers in the 16180/90 range and is nearing buy stops at 1.6200. Afterwards, offers are seen at 1.623040, which coincides with today’s highs.
Earlier comments from the BOE’s Fisher that further QE remains an option weighed but the safe-haven EUR/GBP trade is the main driver as the pair touched a fresh 23-month low in European trading.
The FT’s Alphaville blog captures the essence of European worries.
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Japan's net external assets rose 4.4% to a record 561.75 trillion yen in 2025, but the country fell to third in global creditor rankings as China overtook it, per Finance Ministry data.
Ferrari's $640K EV, Luce, debuts with Jony Ive design. High price, luxury segment focus.
US forces carried out self-defense strikes on missile sites and Iranian boats in southern Iran on Monday after an IRGC vessel targeted a US ship, with explosions reported across Hormuz coastal cities.
US military confirms attacks on southern Iran - 'self defense" / hit targets including missile launch sites and Iranian boats attempting to emplace mines /will use restaint during ongoing ceasefire
Dow futures surge 400 pts as oil tumbles on Iran deal hopes. S&P 500 hits new highs.
Amazon's Memorial Day sale offers up to 50% off tech, boosting consumer spending potential.
Ferrari's $640K electric Luce debuts! High price, new tech, but will it rev up returns?
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