ORBEX: Pre-BoE GBJPY, Post-Fed USDMXN

In today's #marketinsights video recording I analyse #GBPJPY and #USDMXN!

#Pound Remains Solid:
- MPs support 3-month extension
- Monthly CPI rise not as expected, but improved

#Yen Likely to Weaken:
- BoJ held rates unchanged but acknowledged increasing risks
- Ultraloose policy to be re-examined at October meeting

#MXN Supported By Fed:
- Emerging currencies will benefit from rate differentials
- Oil is bid and likely to move higher

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice
Beyond Technical AnalysisBOEbojbrexitCrude OilGBPJPYinterestratesTrend AnalysisUSDMXNWave Analysis

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