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Jun 22 - 08:55 AM

EUR/GBP - Within Strike Of A Huge Option Expiry

By Rob Howard  —  Jun 22 - 07:40 AM
  • 0.9059 marks the EUR/GBP high since its early Europe drop to 0.9021

  • A huge 0.9060 option rolls off at the 10am ET NY cut, EUR 1.85 bln strike

  • See: nL1N2DZ084. 0.9021 = low since Friday's 12-week high of 0.9071

  • Ascent to 0.9071 was influenced by record UK public borrowing nL1N2DZ0F5

  • Bailey says UK govt needed BoE help to raise finance in March nS8N2DA01S

  • UK factories suffer worst quarter on record, CBI says nL8N2DZ1UP

EURGBP Click here

Source:
Refinitiv IFR Research/Market Commentary

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