By Rob Howard — Nov 02 - 04:20 AM
Cable met headwind pre-1.22 in Asia after extending north from 1.2100
1.2200 approximates to Tuesday's one-week high. 1.2195 was Asian session top
1.2100 was post-Fed low (1.2096 was Wednesday's low, pre-US ISM mfg miss)
BoE is expected to keep rates at 5.25% at 1200 GMT (6-3 hold vote likely)
Some strategists think BoE may flag a rejig of its QT process nL8N3C06XS
US Trsy refunding plans included less longer end issuance than many feared
Source:
Refinitiv IFR Research/Market Commentary