Orbex

ORBEX: Trump Comment Reduces Haven Flows, Brexit Extended Again!

FX:USDJPY   USA-dollar/Japansk yen
In today’s #marketinsightsi video recording, I talk about the rise of optimism around US-Sino trade and how it could impact #USDJPY until the two leaders meet next month.
On top of the latest #Trump related flows, the pair will be affected perhaps positively from this week's #FOMC meeting as markets are expecting the Fed to cut interest rates again!

I also picked #EURUSD on the back of yet another #Article50 extension and as #pound seemed a little "out-of-touch" with the latest developments surrounding #Brexit.

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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