Free Trial

Cable breaks below its Asian low of $1.3073...>

MNI (London)
CABLE: Cable breaks below its Asian low of $1.3073 to extend low to $1.3067.
Next support seen at the daily Bollinger band at $1.3062 ahead of the Sep7 low
of $1.3033. Eur/Gbp continues to meet resistance ahead of Gbp0.8950 with Usd
seen performing well across the board. Focus on today's key US Employment
Report, Wage Growth likely to have the bigger effect that headline NFP. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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.