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Free AccessBegins to catch up on Eur/Usd, the rate.......>
CABLE: Begins to catch up on Eur/Usd, the rate extending its bounce of earlier
low of $1.3181 toward $1.3200. Move relieves upside pressure on Eur/Gbp, eases
back to Gbp0.8910 from Gbp0.8918. Cable currently trades around $1.3198, a break
above the figure to expose again the strong resistance level at $1.3227(held
topside Monday and in earlier Asian trade.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.