ORBEX:BoJo Pushes for Election, Draghi Hints to Fiscal Measures!In today's #marketinsights video recording I analyse #GBPUSD and #EURUSD #FXMajors!
GBPUSD Dragged down by:
- BoJo push for an early election on December 12
- Increasing likelihood of October exit failure
EURUSD Under Pressure as:
- ECB reiterates downside risk, stubbornly low inflation
- Draghi hints to fiscal policy measures
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Lagarde
ORBEX: GBPJPY, EURGBP - BoJo Wants Election, Adios Draghi!In today's #marketinsights video recording I analyse #GBPJPY and #EURGBP #FXMinors!
GBPJPY Supported by:
- Increasing expectations EC will grant January extension
- BoJo win in case of early election
- Weak safe-haven flows
- Japan manufacturing to 3yr low
EURGBP Under Pressure as:
- Investors eye ECB and last Draghi meeting
- Disappointing Business Climate (French)
- Poor EA Consumer Confidence
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice