GBPUSD (Cable) just cracked back below 1.50 and is trading at its lowest since July 2010 as The FT reports that it appears George Osborne (British Chancellor) is paving the way for Mark Carney (Bank of England governor) to follow the so-called ‘Merkel-Draghi wager’ that Europe is dangerously betting…

Original post:
Cable Snaps (Again) As British Budget Goes Activist
