In today's #marketinsights video recording I analyse EURUSD, USDJPY and GBPUSD
#Euro down on: - Disappointing German Manufacturing PMI (actual 41.4 vs expected 44.1 vs previous 43.5) - ECB could have made a mistake talking somewhat 'neutral' - Draghi's speech hinted to high uncertainty, decision-making harder and harder
#Yen down on: - Disappointing Japanese Manufacturing PMI (actual 48.9 vs expected 49.8 vs previous 49.3) - Potential stimulus measures - Potential US-Iran deal
#Dollar up on: - Trade talk optimism - Markit Manufacturing PMI (actual 51 vs expected 50.4 vs previous 50.3)
#Pound down on: - Thomas cook sentiment - Parliament prorogation sentiment - Barnier's pessimistic comments
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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