Free Trial

Impulsive Rally Extends


Late Eurodollar/SOFR/Treasury Option Roundup


Price Is Below The 50-Day EMA


Late Corporate Credit Update

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
CABLE: Rate breaks below the $1.29 handle for the first time since Sep10,
prompting GBP/USD bears to eye the $1.2786 level before the YTD lows of $1.2662.
Markets may also eye $1.2810 as support, marking the 61.8% Fibo retracement
level for the $1.1841-1.4377 move.
Of interest, the UK PM May is scheduled to meet with the 1922 committee (an
internal parliamentary group of Conservative lawmakers) to present her progress
on Brexit negotiations. The meeting will be held behind closed doors at around
1700-1800BST and there no speeches/press conference is scheduled to take place
afterwards. Markets will keep an eye out for any leaked ministerial comments to
press or any remarks on exiting the meeting. 
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.