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Cable: Sep27 close $1.3386,........>

STERLING SUMMARY
STERLING SUMMARY: Cable: Sep27 close $1.3386, Sep28 Asia range $1.3363-1.3408,
Europe $1.3344-99
*Euro-stg: Sep27 close stg0.8772, Sep28 Asia range stg0.8760-79, Europe
stg0.8766-0.8809
*Cable opened firm in Asia, rate tracked euro-dollar back above $1.3400, touched
recovery highs of $1.3408 but with lack of follow through drifted
*As UST yields started to firm, fresh dollar demand extended the corrective
pullback to $1.3363 in early Europe before fading
*Euro-dollar provided fresh appetite, cable touched $1.3399, before meeting
resistance ahead of $1.3400
*Euro-stg short covering and the subsequent break of stg0.8800 pressured, rate
touched pullback lows of $1.3344
*Comments from BOE Governor Carney that said the United Kingdom's relationship
with the European Union and reforms associated with it will be key to the UK's
medium-term prosperity and these issue lie outside the BOE's influence, failed
to react and cable recovered to the $1.3365/70 area.

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