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Oct 4, 2019 5:57 AM

ORBEX: GBPUSD, USDCHF - Another Fed Cut?, BoJo's Plan Falls Flat 

U.S. Dollar/Swiss FrancFXCM

Description

In today's #marketinsights video recording I analyse #GBPUSD and #USDCHF

#GBPUSD moves on:
- BoJo plan optimism on Commons
- BoJo plan falling flat on Good Friday agreement threat
- BoJo plan creates new borders, still seen as backstop

#USDCHF looking bearish on:
- Weak ISM NMI
- Increased chances of rate cuts
- HIgher fears of recession

All eyes on NFP today! Can watch live here: orbex.com/blog/en/2019/09/trade-the-nfp-live-5

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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