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Oct 11, 2019 5:42 AM

ORBEX: GBPUSD, USDCAD: Surprise on the US-Sino and Brexix Fronts 

U.S. Dollar/Canadian DollarFXCM

Description

In today's #marketinsights video recording I analyse #GBPUSDand #USDCAD FX Majors!

GBPUSD records best day in months
- Johnson-Varadkar see "pathway to deal" by end of October
- Despite GDP and MAnufacturing data disappointed

USDCAD down on tradewr optimism
- Trump changed mind and now is open to a partial deal
- Willing to and will meet He on Friday to resume talks
- Cad stronger as oil supported by positive headlines (China is big oil importer)

Looking forward to Canada's employment report!

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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