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Extends lows to $1.2898, after rate had.......>

CABLE
MNI (London)
CABLE: Extends lows to $1.2898, after rate had seen a bounce back high of
$1.2920, off $1.2906, following BOE Saunders' comments. Rate currently trades
around $1.2901. Move lower seen in tandem with Eur/Usd reversal off its highs of
$1.1903, while Eur/Gbp trades around Gbp0.9213, off its end month flow driven
high of Gbp0.9221. 
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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