Free Trial

A round of GBP buying hitting here......>

MARKET TALK
MARKET TALK: A round of GBP buying hitting here. Cable testing high of the day,
while EURGBP dips.. Looks order flow related, with nothing new in terms of
catalyst.
-Also seeing a broader base USD selling as S&P and Estoxx also on the move with
both futures contracts hitting highs of the day.
-Price action is helping EM FX with TRY and Rand getting bid.
And the broad base USD selling has CEEs benefiting.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.