Free Trial

Edges up to $1.3175 as rate tries to keep.....>

CABLE
MNI (London)
CABLE: Edges up to $1.3175 as rate tries to keep pace with Eur/Usd's stronger
recovery, as Eur/Gbp remains within its earlier Asian range of Gbp0.8934-49,
currently around Gbp0.8944. Cable resistance seen back in place from above
$1.3170, reported sell interest from this level through to $1.3200 helped to cap
Monday's rally at $1.3184, before rate pulled back to $1.3127. 
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.