May 18th, 2010 08:27:54 GMT.

Cable recovering in very choppy market


Presently around 1.4500.  Little earlier heard talk of stops through 1.4525. CPI data for April up in 2 mins expected +0.4% m/m, +3.5% y/y.  If higher than expected could give cable further lift and vice versa.


May 17th, 2010 10:15:29 GMT.

Cable sits at…….


1.4405. If I didn’t know better might be led to think there’s a huge 1.4400 option expiry later in the week.


May 17th, 2010 09:26:48 GMT.

Cable extends rally


Cable has extended it’s Osboure/Laws-induced rally, presently at 1.4450.  I thought there might be some stops parked through 1.4475 (as there were decent stops there on way down), but instead hearing sell orders at 1.4475/80.


May 17th, 2010 05:12:31 GMT.

Cable suffers torrid session in Asia


Cable presently down at 1.4345 from North American close Friday up around 1.4520, having been as low as 1.4253. The new UK government has come out accusing Labour of persuing a “scorched earth policy” before the general election, leaving behind billions of … Continue reading


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