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Gets pulled to an extended low of $1.2826,....>

CABLE
MNI (London)
CABLE: Gets pulled to an extended low of $1.2826, as Eur/Usd gets squeezed down
to $1.1756. Move also seen weighing on Eur/Gbp as it reverses away from earlier
high of Gbp0.91735 to current Gbp0.9158. Cable has broken below Friday's low of
$1.2832 but seen struggling to maintain on this fist venture below. Cable
currently trades around $1.2840 as we approach release of UK CBI Trends (not
usually a major market mover). 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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