Free Trial

Picking up talk of interest to pare back......>

CABLE
MNI (London)
CABLE: Picking up talk of interest to pare back long USD positions in recent
trade, and ahead of this afternoon's key US Jobs data. Demand for cable has
allowed rate to edge back above $1.3000, after seeing lows earlier of $1.2976.
Similar interest seen in EUR/USD. Cable currently trades around $1.3005.  
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.