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Rate slips back toward the $1.30 level as.....>

CABLE
CABLE: Rate slips back toward the $1.30 level as GBP remains on the backfoot.
Latest downside follows the Telegraph reporting that the DUP in Northern Ireland
will back the Conservative amendment tabled on Wednesday that would make the
EU's Northern Irish backstop effectively illegal. Move triggers fresh wave of
dollar demand at the NY crossover, denting EUR/USD also. 
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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