In today’s #marketinsights video recording, I talk about the latest geopolitical and economic developments affecting #FXMajor pairs #USDJPY and #GBPUSD.
For one, US confirmed that rollbacks on previously imposed tariffs against Ciina are possible, pushing #safehavens down and #dollaryen to a fresh multimonth high!
At the #BoE meeting yesterday, #Carney re-cited...
IMO Mark Carney was very dovish on the margin, certainly reinforcing their/ my view of an August cut being 90% on the table. The most supportive statements were "MonPol Important In Cushioning Effects Of Any Relapse In Recovery In Months & Quarters Ahead", "The MPC Does Not Have The ''Luxury '' and "More Should Be Done To Cushion The Effects Of Negative Shocks" -...
