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Retains its recent buoyant tone, the rate.....>

CABLE
MNI (London)
CABLE: Retains its recent buoyant tone, the rate able to slightly extend recent
recovery to $1.3293 in Asia, currently around $1.3282, while Eur/Gbp has probed
under its Asian base of Gbp0.8760 to Gbp0.8758(50-dma). Thursday's BOE MPC
widely expected to hike rates by 25bp, though accompanying Minutes will be of
interest for future rate path. Cable seems to be meeting some headwind sell
interest placed toward |$1.3300, whilst the cross demand below Gbp0.8760. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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