Governor Orr’s optimism may be short-lived as New Zealand’s economy is still weak, and he does not rule out a rate cut. Short NZD/JPY?
As Draghi said that risks had now “moved to the downside,” this could mean that the rate hike in 2019 could be delayed to 2020. Short EUR/GBP?
With most MPs against the idea of a no-deal, it is a growing possibility that the UK may extend Brexit date past 29th March. Sterling will rise if extension is made, short EUR/GBP?
Bank of Canada may pause rate hikes due to concerns over the slump of oil prices. Short CAD/CHF?
Apple’s outlook cut due to weakening iPhone demand added to worries about a slowing global growth; we could long gold as funds start to flow into safe-havens