ORBEX: USDJPY, GBPUSD: Tradewars, Brexitwars! What Next?

In today's #marketinsights video recording I analyse #usdjpy and #gbpusd

USDJPY affected by:
- China announcing ready for a partial deal
- Fed Chair not as dovish, and expected to remain the case today
- US troops withdrawal from Turkey-Syria borders (perhaps to distract from impeachment inquiry?)

But with Thursday's talks resuming and Trump blacklisting Chinese entities this could change rapidly!

GBPUSD affected by:
- Lord Pentland ruling out the need to extend withdrawal from EU
- Increasing chances of hard Brexit -now over 60%

Stavros Tousios
Head of Investment Research
Orbex

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