Free Trial

Sharp reversal in tandem with euro-dollar.....>

CABLE
CABLE: Sharp reversal in tandem with euro-dollar has seen the pair slip to
extended session lows of $1.3109. Broad based dollar demand attributed to the
move with next support seen at $1.3096/93 (Hourly low/61.8% $1.3040-1.3178,
100-dma). Euro-stg squeezed to stg0.8829, hourly resistance is noted through
stg0.8850/70.  

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.