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The weaker USD supported cable overnight,.....>

CABLE
CABLE: The weaker USD supported cable overnight, gains extended to $1.3921
before easing to settle either side of $1.3900. Following yesterday's firm UK
CPI print MNI PINCH now prices in a 77% chance of rate hike in May. Further
polls from Reuters see 32 of 57 economists expecting a hike, 21 of 41 in a
Bloomberg survey. US CPI the main highlight today at 1330GMT (Median 0.3% m/m).
Resistance is seen at $1.3924/52 (Feb13 high, 61.8% $1.4067-1.3765). Last
$1.3897. 

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