Free Trial

Broader base selling going through in the Pound

  • Not too clear on this latest quick small drop in Cable.
  • The currency saw better selling interest following the BoE yesterday.
  • The Pound is seeing broader base selling, now versus JPY and also the EUR.
  • Cable eye yesterday's low at 1.3891 initially.

To read the full story



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.