Free Trial

Bit of an uptick in GBP in recent trade....>

STERLING
STERLING: Bit of an uptick in GBP in recent trade - GBP/USD recovering off the
best levels of the day as EUR/GBP also takes a dip toward 0.8930. Nothing
headline-wise or fundamental behind the move but there's been a decent uptick in
GBP/USD futures volumes on the recent uptick. Just below 1,500 contracts
changing hands inside 2 minutes (best volumes of the day). Could be position
squaring into the extended weekend.

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.