Free Trial
USDCAD TECHS

Southbound

US TSYS

Rising Bonds Lifts All Durations

US TSYS

Late SOFR/Eurodollar/Treasury Option Roundup

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Bears Fail Below 0.8750 The.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bears Fail Below 0.8750
The rate failed to consolidate below 0.8750 on Monday, rebounding to close above
the Jan 17 low, after a brief look above on Friday. Bulls now need to clear
Friday's high at 0.8793 to bring the 200-dma into view at 0.8866, a break opens
the 100-dma & cloud base at 0.8868/72. Bears continue to look for a close below
0.8750 to regain control and target the 0.8700 area ahead of the Jan 25 ytd low
of 0.8617.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.