ORBEX: EURUSD, USDJPY - The Risks Of A US-EU TradewarIn today's #marketinsights video recording I analyse #EURUSD and #USDJPY
#EURUSD weak on:
- US-EU potential trade conflict (airbus illegal state aid - WTO depended)
- ECB's Germans board member resignation
Medium-term #Euro led flows will hang on Lagarde's policy. A potential transition to fiscal tools will be euro positive
#USDJPY strong on:
- Dovish Evans turned neutral
- Positive home sales
- No GDP revision
- No safe-haven flows
- Dollar seen as risk positive
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
