Free Trial

Pulled lower by Eur/Usd slippage, though......>

CABLE
MNI (London)
CABLE: Pulled lower by Eur/Usd slippage, though part of this weight has been
diverted over to Eur/Gbp as the cross presses down to Gbp0.90615 (Asia range
Gbp0.9087-0.90905). Cable currently trades around $1.2966, so far respecting the
earlier Asian range of $1.2954-70. UK CPI data due for release at 0830GMT and
seen key, market median 2.7%yy, core 2.5%yy. Cable support seen into $1.2950
ahead of Friday's low of $1.2939. Resistance $1.2970, $1.2990/1.3000. 
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.