Free Trial

Moves above earlier high of $1.3100, trades...>

CABLE
MNI (London)
CABLE: Moves above earlier high of $1.3100, trades to $1.3107, as market reacts
to weaker than forecast US Q2 GDP data. Second wave demand lifts rate on to
$1.3118 at writing. Move seen in tandem with Eur/Usd, though slow start did
allow Eur./Gbp to make a show at Gbp0.8961, currently back at Gbp0.8955. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@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.