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Jan 19 - 07:55 AM

GBP/USD - Up By A Cent From Monday's Six-Day Low Pre-Yellen

By Rob Howard  —  Jan 19 - 05:45 AM
  • Cable hits 1.3626 after extending north from 1.3522 (Monday's six-day low)

  • Rise precedes Yellen's Senate confirmation hearing, which starts at 1500GMT

  • See: nL1N2JT1NCnL1N2JS0LP. 1.3581-1.3614 was Asia range nL1N2JU0D5

  • Risk-sensitive pound elicits support from positive U.S. equity futures

  • See: nL4N2JU2D6. 1.3600-15 options roll off at 1500GMT NY cut nL1N2JU0DU

  • UK takes orders of more than GBP 45 bln for new gilt-bookrunner nL8N2JU27Y

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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