Free Trial

Corrective pullback from last.........>

EURO-STERLING
MNI (London)
EURO-STERLING: Corrective pullback from last week's high of Gbp0.9031 extended
to Gbp0.8904 in opening Asian trade Monday before it stepped its way back up to
Gbp0.8946. Rate has since settled into a basic GBp0.8930/40 range though
underlying tone said to remain positive. Focus this morning on UK Jobs/Earnings
Report at 0830GMT, MNI expecting a robust set. Support remains into Gbp0.8900,
resistance Gbp0.8946/53 ahead of Gbp0.8970/80. 
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.