Free Trial

Stretches up to retest the Jul27......>

EURO-STERLING
MNI (London)
EURO-STERLING: Stretches up to retest the Jul27 high of Gbp0.8953 with
corrective pullbacks holding fairly shallow, rate currently trades around
Gbp0.8947. Resistance is seen between Gbp0.8953/55 ahead of stronger interest
into Gbp0.8960 with suggestions of stops placed above. End month and market wary
of possible European sovereign demand emerging, for account balancing needs. 
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.