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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.
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Free AccessCable: Nov15 NY range..............>
STERLING SUMMARY: Cable: Nov15 NY range $1.3143-86. Nov16 Asia open $1.3172,
range $1.3162-88.
* Eur/Gbp: NY range Gbp0.8951-0.9011. Asia open Gbp.8952, range Gbp0.8930-50.
* 1000GMT fix activity Wednesday saw Eur/Gbp spike to Gbp0.9015, with cable's
pre-fix rally reversed from $1.3214 to $1.3134.
* Cable recovered, settled around $1.3170 into the close, Eur/Gbp drifted back
to Gbp0.8951.
* Cable marked a low of $1.3162 in opening Asian trade, rallied to $1.3188
before it settled around $1.3170.
* Eur/Gbp touched an early low of Gbp0.8930, off an opening high of Gbp0.8950
then settled around Gbp0.8940.
* UK Retail Sales 0930GMT provides domestic data focus, market median incl auto
fuel 0.0%mm, -0.4%yy, Ex-fuel 0.2%mm, -0.5%yy.
* BOE Carney on ITV 0710GMT(Piers Morgan interview). BOE Open Forum may prompt
some BOE comment during the day.
* Cable support $1.3160/50, $1.3110/00. Resistance $1.3185/90 ahead of $1.3215.
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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.