Trial now
CORN TECHS

(N1) Fresh Cycle High

STIR

Effective Fed Funds Rate

BONDS

Selling interest across the board

GBP Coming Under Pressure Pre-NY

GBPUSD

GBP/USD coming under further pressure in recent trade, pressuring GBP/USD to 1.3626 at the low. Coincides with a healthy uptick in volumes in GBP futures (around 400 contracts changing hands, ~£25mln cash equivalent) although not the best volumes of the day just yet.

  • Next support undercuts at the 20-day EMA at 1.3564. Break below here opens 1.3505 the Jan 12 low
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com