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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.
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Free AccessGets pressed down to retest Jun4 low of.......>
CABLE: Gets pressed down to retest Jun4 low of $1.2501 as sterling comes under a
late Europe sell off. Rate has traded to $1.2499 at writing as market probes for
possible stops placed below the figure. If rate can move lower expected to meet
technical support around $1.2488/79(50% $1.2162-1.2813/Jun2 low) ahead of
$1.2450. Some see this squeeze as opening opportunities for a possible
corrective rally into Asian trade Monday as that market liable to react more to
weekend press pick ups.
To read the full story
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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.