By Rob Howard — May 09 - 02:30 AM
Cable falls to 1.2268 as risk aversion buoys safe-haven USD pre-Putin speech
1.2268 is lowest level since June 2020 (1.2252 was the low that month)
Putin speech may offer clues to future of Russia-Ukraine war nL2N2X1018
Nikkei down 2.5% nL3N2X10P7. European/U.S. stock futures down nL5N2X10W8
1.23 is now a resistance level (1.2302 = NY low Friday after NFP data beat)
Belfast takes Sinn Fein's historic election win in its stride nL2N2X00GS
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary