Cable at 1.5185, steadying a little after earlier swoon.

We’ve been down to session low 1.5164. Gee, anyone would think there were buy orders touted down at 1.5150/60

;)

Might be a little early to sound the all clear though given its Friday and cable market will be notoriously thin, so anything’s possible. Not surprisingly talk of sovereign buy interest having emerged around the lows.