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EMERGING MARKETS

CEEMEA FX Price Signal Summary: EURHUF Remains Firm

US EURODLR FUTURES

Post-LIBOR Settle Update

LIBOR

CHF LIBOR - 08/12/2021

LIBOR

JPY LIBOR - 08/12/2021

CABLE
CABLE: Rate saw an early Europe high of $1.2797 Tuesday before sterling's early
glow dimmed through the balance of the day, cable slipped to a low of $1.2707
before it settled around $1.2715 into the close. Rate touched a low in opening
Asian trade of $1.2712 before it edged its way up to $1.2749 as JPY came under
pressure as risk outlook gained a boost from US/China trade talks. Rate settled
back at $1.2740 for a while before it retested the earlier high ahead of the
European open. Another failure and longs pared back which pressed rate down to
$1.2730. EUR/GBP again back at the Gbp0.9000 level, which seems to have provided
attraction so far in 2019. Brexit remains to the fore with market wary of
headlines. Apart from Brexit the release later today of FOMC Minutes could
provide some directional impetus. 
- Support $1.2710/00, $1.2686. Resistance $1.2750, $1.2780, stronger into
$1.2800.
- UK Unit Labour Costs 0930GMT. BOE Carney participates in an online Q&A
1530GMT.