Free Trial

Back above $1.34, makes a show just above.....>

CABLE
MNI (London)
CABLE: Back above $1.34, makes a show just above its NY high of $1.3403 at
$1.3404. EUR/GBP extended its corrective pullback away from recently posted high
of Gbp0.8819 to Gbp0.8800. Move coming ahead of UK data has sparked some
unfounded speculation but more likely sterling making gains after Brexit
Minister Davis appearance on BBC R4 supporting PM May which may suggest the Govt
will survive debate/votings on the Brexit Amendments. Resistance seen into
$1.3410, above to expose $1.3418/22. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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.