Cable falls to year's low as risk-off tone prevails - ConsultFX

Cable falls to year's low as risk-off tone prevails

GBP/USD touches a low of 1.3202 on the day That's the lowest level since November last year. The risk-off tone is continuing into the European session with the euro and sterling weighed lower alongside other major currencies - being offered against the dollar, swissie, and yen.