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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.
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 AccessCable: Asia open $1.3341, range....>
STERLING SUMMARY: Cable: Asia open $1.3341, range $1.3341-82. Europe open
$1.3365, range $1.3365-1.3431.
* Eur/Gbp: Asia open Gbp0.8876, range Gbp0.8857-76. Europe open Gbp0.8867, range
Gbp0.88385-0.8867.
* Cable touched $1.3221 before news of Brexit deal spiked rate to $1.3388
Tuesday.
* Eur/Gbp had edged to Gbp0.8981 post fix then dropped to Gbp0.8848.
* Sterling pared part of its react gains into the close, cable eased to $1.3336,
Eur/Gbp edged to Gbp0.8879.
* Cable recovered to $1.3382 early Asia, eased to $1.3353 then slowly edged back
toward $1.3380 into Europe.
* Early Europe reaction to Tuesday Brexit news saw cable push on to $1.3431, as
Eur/Gbp dropped to Gbp0.88385.
* Strong Germany state CPI's boosted Eur, took cross to Gbp0.8860, which in turn
pressed cable back to $1.3400/1.3390.
* Sterling remains buoyed by Brexit news, awaits developments to drive.
To read the full story
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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.