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USDCAD TECHS

Impulsive Rally Extends

US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Price Is Below The 50-Day EMA

US

Late Corporate Credit Update

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CABLE
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 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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