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Nov 14 - 07:55 AM

GBP/USD - Respects Asia Low After Drop From Intra-Day High

By Rob Howard  —  Nov 14 - 06:30 AM
  • Cable elicits support by 1.1744 after falling from 1.1829 (intra-day high)

  • 1.1744 was intra-day low at 0538 GMT, courtesy of Fed's Waller nL1N32A0H9

  • UST yields rise as Waller warns on inflation nL4N32A0ZKnL1N3290MM

  • Pound faces inflation test before budget exam nL1N32A0M1nL8N329060

  • Morgan Stanley sees 150 bps BoE rate cuts in 2024 nL8N32A30W

  • Biden pushes unity with GOP after Democrats retain Senate nL1N3290FV

Source:
Refinitiv IFR Research/Market Commentary

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