Free Trial

The British Pound trades in the green

GBP
  • The British Pound is in the green, albeit close to flat versus the USD, CAD, NZD, AUD and NOK.GBP leads against the Yen, up 0.31%, but still well short of pre BoE levels.
  • Similar story against the EUR, would need the latter to drift back towards 0.8359, for pre BoE level.
  • Closest cross is Cable, after making an attempt yesterday afternoon, it failed at 1.2175.
  • Cable was trading circa 1.2193 pre BoE.

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.