• Dollar bounce back keeps pressure on cable, now sub-1.25

• U.S. PCE causes little stir on better than feared beat nL2N3GZ2A6

• 200-HMA and 23.6% fib of YTD range at 1.2430 offers support for now

• Focus turns to plethora of event risk - includes Fed, QRA and NFP

• COMMENT-Fedspeak round-up: More confidence needed to cut nL2N3GZ0OC

• Resistance: 1.25, 1.2515-25 (Feb low, 38.2% fib), 1.2555 (200-DMA)

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