ORBEX GBPUSD, EURUSD, AUDUSD Under Pressure! But For How Long?
In today's #marketinsights video recording I analyse #fxmajors #audusd, #gbpusd and #eurusd.
They are all under pressure for different reasons:
EURUSD
- ECB's Lane dovish on ECB's inflation target
- Italian CPI weakening
GBPUSD
- BoJo goes to Brussels empty-handed
- Brussels not sure if extension will help
AUDUSD
- RBA reveals plans to cut more if necessary
- Bank could cut twice more in 2019 to support inflation and employment goals
Meanwhile, everyone stresses out about #FOMC!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
They are all under pressure for different reasons:
EURUSD
- ECB's Lane dovish on ECB's inflation target
- Italian CPI weakening
GBPUSD
- BoJo goes to Brussels empty-handed
- Brussels not sure if extension will help
AUDUSD
- RBA reveals plans to cut more if necessary
- Bank could cut twice more in 2019 to support inflation and employment goals
Meanwhile, everyone stresses out about #FOMC!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
