Free Trial

Rate rallies to session highs with............>

CABLE
CABLE: Rate rallies to session highs with protracted bout of weakness observed
in EUR/GBP. Next GBP/USD resistance kicks in at the May9 high of $1.3617 before
$1.3673, marking the 61.8% Fib level for the $1.3804-1.3460 move. Lack of data
or speakers on the slate today will keep the market focused on the unemployment
numbers later in the week.

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.