ORBEX: Pre-BoE GBJPY, Post-Fed USDMXN

In today's #marketinsights video recording I analyse #GBPJPY and #USDMXN!

#Pound Remains Solid:
- MPs support 3-month extension
- Monthly CPI rise not as expected, but improved

#Yen Likely to Weaken:
- BoJ held rates unchanged but acknowledged increasing risks
- Ultraloose policy to be re-examined at October meeting

#MXN Supported By Fed:
- Emerging currencies will benefit from rate differentials
- Oil is bid and likely to move higher

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice