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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.
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Free AccessHaving touched NY recovery highs of...........>
CABLE: Having touched NY recovery highs of $1.4246, GbpUsd failed to build
momentum and drifts towards the $1.4205/10 area at typing. A break of post CPI
lows ($1.4173) opens $1.4146/23 (Apr12 low/61.8% $1.3966-1.4377). Eur/Gbp
remains elevated near the upper-end of its Gbp0.8644-0.8722 daily range. Focus
turns to the release of tomorrow's UK Retail Sales with analysts at Barclays
indicating significant weakness in weather sensitive areas such as spending at
garden centres and DIY stores, signalling that March retail sales might be
negatively impacted by the storms. Nomura forecast a decline in official sales
in March.
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.