Free Trial

GBP continues to grind lower,.........>

EURO-STERLING
EURO-STERLING: GBP continues to grind lower, initially led by the move higher in
EUGBP. Cable and GBPJPY are testing low of the day, with risk tilted to the
downside for the currency on Brexit concerns and the pandemic. 
-We have one more day for an extension, which is totally unlikely given the
rhetoric that has come out of the UK, taking any chance of an extension off the
table. 
The hope here, will be that enough progress will have been made during the
summer, ahead of the full exit on 31st December.

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.