By Rob Howard — Dec 22 - 02:30 AM
Cable eases to 1.2105 after UK Q3 GDP downwardly revised to minus 0.3%
See: nL8N33C12M. 1.2105 is lowest level since 1.2132 Asian session top
1.2132 is high water-mark since Wednesday's three-week low of 1.2056
Drop to 1.2056 influenced by much higher than expected UK public borrowing
UK Q3 C/A deficit GBP 19.4 billion vs GBP 20.8 bln f/c (GBP 35 bln in Q2)
Republican senators propose overhaul of Federal Reserve's 12 regional banks
Source:
Refinitiv IFR Research/Market Commentary