Cable last deals at $1.3057, virtually........>

CABLE: Cable last deals at $1.3057, virtually unchanged on the day. The Times

reported that Tory MP Johnson held private talks with the DUP leaders today, as

Tory Brexiteers and the DUP remain dissatisfied with PM May's Brexit policies.

- Early Asia-Pac trade yesterday saw the confirmation of another Brexit delay,

this time until Oct 31, with a review scheduled for June. Sterling showed muted

initial reaction, as an extension had been priced in, but the currency later

edged higher into the European morning. Cable then came under pressure, as

data-inspired USD strength came to the fore. The rate finished 33 pips lower.

- PM May testified to parliament, before the House went into recess yesterday.

She pledged further cross-party cooperation and briefly met with Labour's Corbyn

afterwards, with more Tory-Labour talks scheduled for today.

- Bulls look to the 50-DMA/55-DMA at $1.3092/93, while bears target the Apr

9/Apr 8 low of $1.3031/27.

- BoE Gov Carney will speak on a panel at IMF later today. Yesterday, Carney

hinted that he had welcomed the Brexit delay with relief, as it lowered the risk

of a no-deal, giving politicians more time to reach consensus.