Surveillance: Basak on Gorman Resigning
Bloomberg Surveillance
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The Best Way to Play the FX Market in a Low Volatility Environment
We're looking for 730 in Dollar C&H by middle of July. That's quite a quick move in this grand scheme of things. John, can you identify the best way to play that through G10 at the moment? For us, we think the better trade is short cable. Next week we've got UK CPI and we could actually go below 8%. We've been above 10% for roughly around seven months or so in the UK.
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