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A little side lined as more...........>

EURO-STERLING
MNI (London)
EURO-STERLING: A little side lined as more attention seen on USD plays via UST
yields. Since touching a high of Gbp0.8792 last Friday, before pulling back to
Gbp0.8734, rate has consolidated between Gbp0.8745-75, with trade so far today
contained by Gbp0.8753-63. Rate has also been respecting its 1.0% envelope,
drawn around the 10-dma, the topside today moving up to Gbp0.8798, with the
10-dma currently at Gbp0.8713. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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