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ORBEX: Pre-BoE GBJPY, Post-Fed USDMXN
U.S. Dollar / Mexican Peso
ORBEX: Pre-BoE GBJPY, Post-Fed USDMXN
By Orbex
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Sep 19, 2019
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Sep 19, 2019
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 Analysis
BOE
boj
brexit
Crude Oil
GBPJPY
interestrates
Trend Analysis
USDMXN
Wave Analysis
Orbex
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by Orbex
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