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USD demand seen weighing on cable as rate.....>

MNI (London)
CABLE: USD demand seen weighing on cable as rate eases below its earlier Asian
base of $1.3156, breaking through Wednesday's low of $1.3148 to post a fresh YTD
low of $1.3131. Rate continues to trade with a heavy feel at writing. Next
support noted at $1.3129 ahead of $1.3110/00($1.3109 50% 1.1841-$1.4377/$1.3106
1.618% swing $1.3148-1.3216). 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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