Free Trial

Trying to build as rate moves back....>

EURO-STERLING
MNI (London)
EURO-STERLING: Trying to build as rate moves back above Gbp0.8800 but so far
meeting headwinds into the earlier Asian high of Gbp0.8805. Break here to expose
area of hourly highs from Friday between Gbpp0.8827/32. This upside pressure
seen weighing on cable as rate extends its pullback from earlier highs of
$1.3618 to $1.3541. 
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.