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Further weakness in GBP seen across the....>

STERLING
STERLING: Further weakness in GBP seen across the board, making GBP the worst
performer across the board barring the underperformance in AUD and NZD so far
today. A lower commodities complex (across energy and metals) has been a drag on
the AUD and NZD but political instability in the UK following the resignation of
the Home Secretary has provided a further headwind for the GBP. EUR/GBP briefly
broke above the 100-dma this morning (Gbp0.8812) but failed to cement the move
and this afternoon`s German CPI data could prove influential.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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