Cable is holding up pretty well so far, presently at 1.5455.

As well as BP needing to buy some cable today for dividend purposes (think it might have already been done, but not sure), there is also talk a UK clearer needs to buy for dividend purposes as well. Just getting reports, talk of cable fixing demand today. Given all this talk of sterling demand not surprising to see EUR/GBP trading lower, presently down at .8645 from early .8665.