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Is the extremely large movement on Live Cattle June 2024 a sign of things to come?

Live Cattle June 2024 has experienced an extremely big movement in last 3 hours. It may continue the trend, but this would make the move unprecedented in the recent past.

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GBP/USD moves lower to 1.25425 in the last 16 hours.

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After experiencing a 2.85% bearish move in the space of 3 hours, nobody knows where Feeder Cattle May 2024 is headed.

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