November 26th, 2009 09:41:26 GMT

Cable finally steadies


Cable has finally steadied, bouncing off of 1.6495/00 support, presently back up at 1.6535.  One thing which has been weighing on sterling is the situation in Dubai, the government there yesterday announcing that Dubai World and property group Nakheel will be … Continue reading


November 24th, 2009 08:37:35 GMT

Cable off to poor start


Cable has gotten off to a poor start, giving up over half a cent in early European trade, presently at 1.6525 from an early 1.6580.  Talk of decent buying from Asian names and a French name in the 1.6530/40 area hasn’t managed to … Continue reading

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