Free Trial

The stronger USD theme has seen GBP pare......>

CABLE
CABLE: The stronger USD theme has seen GBP pare early gains to hold near the
base of its $1.3523-78 daily range ahead of UK Industrial/Manufacturing data at
the bottom of the hour. MNI's Data team highlight March PMI's presented further
evidence the UK economy entered a softer phase of growth, with all three
headline indices losing ground on the month. Hourly support is located at
$1.3520, opening a move towards the $1.35 area.

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.