Free Trial

Sterling playing catch up on EUR/USD's........>

CABLE
MNI (London)
CABLE: Sterling playing catch up on EUR/USD's earlier drop. Cable clears below
$1.2800, breaking its initial low of $1.2798 to extend lows to $1.2774. Move
sees EUR/GBP pare back some of its earlier losses, which had seen this rate drop
to GBp0.8935, currently around Gbp0.8958. Cable now seen tracking EUR/USD
recovery as it edges back to $1.2790. 
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

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.