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