Free Trial

Continues to shy away from the........>

EURO-STERLING
MNI (London)
EURO-STERLING: Continues to shy away from the Gbp0.9000 level, the rate touching
a high of Gbp0.8985 Friday, having seen highs of Gbp0.8992 on Jun28 and
Gbp0.8990 on Jul3. Momentum in the recent move higher has slowed, the rate
holding close to its 10-dma, today at Gbp0.8960 but well off the topside of its
1.0% envelope (around 10-dma), currently at Gbp0.9049.
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

To read the full story

Close

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.