By Robert Howard — Feb 10 - 02:41 AM
• Cable reclaims 1.24 handle following Trump-spurred drop to 1.2370 in Asia
• Trump on Sunday said he will introduce new 25% steel and aluminum tariffs
• 1.2370 is 9 pips shy of Thursday's post-BoE rate cut low
• Friday's high was 1.2490, after knee-jerk USD drop on Jan NFP miss
• UK job vacancies weakest since August 2020, REC/KPMG survey shows
• CFTC data: net GBP short almost halved to 11,323 contracts in week to Feb
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(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters