Free Trial

Edging higher again, the move up aided by.....>

CABLE
MNI (London)
CABLE: Edging higher again, the move up aided by an easing in Gilts (reaction to
NIESR report suggesting a rate hike might be called for). Cable extends through
hourly resistance at $1.3224-32 to $1.3234 with area between $1.3245/50 to
contend with next ($1.3245 Aug1 high/suggested barrier at $1.3250). Rate
currently trades around $1.3229. 
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.