ORBEX: Risk Appetite Lifts Aussie, Pound Down on BOE Sings
The US Treasury Department lifted the “Currency Manipulator” tag on China, allowing risk appetite to increase further just a day before the widely anticipated trade deal is signed.
Dollar-yen and Aussie-dollar rose on the back of the news, however, the pound fell below 1.30 amid growing dovish signs from BOE.
Timestamps
USDJPY 2H 01:10
GBPUSD 2H 03:10
AUUSD 2H 03:25
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Dollar-yen and Aussie-dollar rose on the back of the news, however, the pound fell below 1.30 amid growing dovish signs from BOE.
Timestamps
USDJPY 2H 01:10
GBPUSD 2H 03:10
AUUSD 2H 03:25
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.