Free Trial

GBP/USD holding the bulk of the gains on......>

CABLE
CABLE: GBP/USD holding the bulk of the gains on the move, sitting at $1.2930 on
last check. No headlines to drive the move, with some citing earlier EU
commission comments stating "any Brexit delay cannot be open-ended", but move
doesn't coincide. GBP/USD futures, however, had highest 1min volume in weeks,
with just shy of 2,500 traded within 60 seconds, equivalent of Gbp149mln.
Another contact suggest the moves could be tied to midday fix, with little
newsflow crossing.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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.