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US EURODLR OPTIONS

1Y Midcurve Put Spd Update

EURGBP TECHS

Consolidating At Recent Lows

PIPELINE

Starting to Launch

CABLE
CABLE: Continues to slowly slide, seen easing toward reported minor support at
$1.3100. A break here to open a deeper move toward the Oct20 low of $1.3087 with
talk of more algo stop interest below. Move seen as sterling plays catch up on
Eur/Usd's deeper move Thursday with Eur/Gbp extending its recovery off traded
lows of Gbp0.8850 to Gbp0.8871 at writing (Asia high Gbp0.8869). Next resistance
seen into Gbp0.8880/85.