Trial now
OPTIONS

Larger FX Option Pipeline

FED

Atlanta Fed 3Q GDP Est 6.1%

US TSY OPTIONS

10Y Put Scale Buyer Continues

FED

New York Fed Staff Nowcast

CABLE
CABLE: As the dollar selling theme continues, GBP/USD also ebbs to a session
high of $1.3457. This is very much a USD related, month-, quarter- and year-end
move (hence the rise in EUR/USD and lack of action in EUR/GBP), which may remain
the case today with US trade balance, weekly jobless claims and MNI Chicago PMI
the only real highlights of the calendar.
With cable at a multi-week high, $1.3492 is now in sight, which marks the 76.4%
retracement of the $1.3550 - 1.3300 move. Should $1.35 be topped, the Dec8 high
lies at $1.3521.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com