Free Trial

Spikes to $1.3249 on release of stronger......>

CABLE
MNI (London)
CABLE: Spikes to $1.3249 on release of stronger than forecast UK headline CPI
data, with rate holding gains at writing. Next resistance seen between
$1.3257/67. Eur/Gbp, which had moved down to challenge key support at Gbp0.9047
ahead of data release has extended lows to Gbp0.9029, currently around
Gbp0.9033. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

To read the full story

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.