November 19th, 2009 07:36:59 GMT

Cable steady; data awaited


Cable sits at 1.6715, marginally firmer in lacklustre early European trade. Plethora of data due at 09:30 GMT: UK PSNB for October expected £7.0 bln from previous £14.8 bln, PSNCR expected £4.0 bln from previous £19.4 bln M4 money supply for … Continue reading

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November 17th, 2009 15:30:15 GMT

Cadbury rumors helping support the pound


Cable is holding up well despite a dollar rebound today. Dealers cite rumors that a European bidder may trump Kraft for the support. EUR/GBP sales helped push EUR/USD briefly below the 0.8950 level while cable holds above the 1.6800 level. … Continue reading

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