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The rate continues to ebb away from the.......>

CABLE
CABLE: The rate continues to ebb away from the $1.35 handle ahead of the NY
crossover and is once again approaching lows of $1.3474. A break below would
initially expose $1.3467, the Dec28 high, before targeting the $1.3457 level
(50% $1.3300-1.3614). US PPI and weekly jobless claims figures to take focus
from here, both due at 1330GMT. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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