Orbex

ORBEX: GBPCHF, AUDJPY - Tradetalk & Brexit Signals Mixed!

FX:AUDJPY   Australian Dollar / Japanese Yen
In today's #marketinsights video recording I analyse #gbpchf and #audjpy minors!

Both pairs are showing an identical pattern and are indeed influenced by:

AUDJPY
- Tradewar tensions but latest from positive developments on the back of a potential partial deal Chinese are willing to do
- Positive Home Loans in AU and negative BoJ Corporate Goods Price Index figures

GBPCHF
- Blury Brexit developments with the risk of an election following an extension increasing
- UK-EU talks not looking good despite EU announcing otherwise

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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