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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.
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Free AccessRetains a bid tone well after the.....>
EURO-STERLING: Retains a bid tone well after the 1100GMT fix with rate extending
topside to Gbp0.8954, off its earlier low of Gbp0.88985. Traders likening the
move to Wednesday's 1000GMT fix, sterling trading firm only to be quickly
'slapped back'. Interesting that Eur/Usd only seeing partial lift from this
move, cable breaking under its earlier Asian base of $1.3191 to $1.3183, having
seen highs late Europe morning of $1.3260. Eur/Gbp trades back at Gbp0.8944 as
cable edges back toward $1.3200.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.