Orbex

ORBEX:GBPUSD, EURUSD, USDCAD - Exit Or Extension? Trudeau Wins!

FX:USDCAD   U.S. Dollar / Canadian Dollar
In today’s #marketinsights video recording I analyse #GBPUSD, #EURUSD and #USDCAD!

Another failed Johnson attempt to get Parliamentarians to vote supports the #pound as now chances of an extension increase! Both an October exit (highly unlikely) or an extension could see mainly #pound and in a smaller degree #euro gain.

Meanwhile, in Canada Trudeau won the elections again! This is likely to weigh on technicals more as fiscals are going to remain unchanged..

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice

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