Free Trial

No reaction in sterling pairs to the..........>

CABLE
MNI (London)
CABLE: No reaction in sterling pairs to the release of lower borrowing data.
Cable holds steady around $1.3132, while Eur/Gbp rests on its intraday low of
Gbp0.8985. Cable resistance seen at the earlier recovery high of $1.3143, a
break here to open a move toward the earlier Asian high of $1.3160. Support
$1.3108/00. 
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.