Free Trial

Rate drops further through 1.30, appearing....>

CABLE
CABLE: Rate drops further through 1.30, appearing to trip stops on the way
through yesterday's lows of $1.2985. $1.2953 provides the initial support,
marking the 23.6% fib retracement of the $1.2662-1.3043 move. The week's lows
lie just below at $1.2829. Rate looks ahead to press conference scheduled for
1315BST from both UK Brexit Secretary Raab and the EU's Brexit negotiator
Barnier.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@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.