Orbex

ORBEX: Trump Signs HK Bills, Denting Trade Optimism AGAIN!

FX:AUDCHF   Australian Dollar / Swiss Franc
In today’s market insights I talk about Trump’s latest move to support HK protesters by signing two bills, denting optimism around the recent trade war optimism!

The shift in sentiment was expected but how risk vs havens performed may seem confusing to some when looking at CADJPY and AUDCHF .

Here I explain how the yen and franc are likely to perform against high beta commodity currencies Canadian dollar and Swiss Franc!

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice.