Free Trial

Picking up suggestions that today's 1600BST...>

CABLE
MNI (London)
CABLE: Picking up suggestions that today's 1600BST fix picking up USD sell
interest as cable and EUR/USD both edge higher, with USD/JPY easing back below
Y111.40. Cable touched an extended low of $1.2811 in recent trade with rate
bouncing back to trade back up to $1.2836. Rate currently trades around $1.2831.
Will be interesting to see if this recovery can be sustained after fix flows
fade. 
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.