ORBEX GBPUSD, EURUSD, AUDUSD Under Pressure! But For How Long?

In today's #marketinsights video recording I analyse #fxmajors #audusd, #gbpusd and #eurusd.

They are all under pressure for different reasons:

EURUSD
- ECB's Lane dovish on ECB's inflation target
- Italian CPI weakening

GBPUSD
- BoJo goes to Brussels empty-handed
- Brussels not sure if extension will help

AUDUSD
- RBA reveals plans to cut more if necessary
- Bank could cut twice more in 2019 to support inflation and employment goals

Meanwhile, everyone stresses out about #FOMC!

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice
AUDUSDbrexitecbElliott WaveelliotwaveanalysisEURUSDFundamental AnalysisGBPUSDmajorsrbaminutesTechnical AnalysisTrend Analysis

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