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Extended its recovery to $1.2909 before.......>

CABLE
MNI (London)
CABLE: Extended its recovery to $1.2909 before momentum faltered with rate since
easing back to current level around $1.2885. Move seen as Eur/Gbp bounced back
from around Gbp0.9247, currently around Gbp0.9258. Jpy demand appears to be
leading the current drive, Gbp/Jpy dropping back from around Y140.80 to Y140.52,
with all the Jpy pairs under pressure, though Usd/Jpy cushioned on the approach
to Y109.00.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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