FX MARKET REPORT 23.07.2020
GBP/USD bounces off intraday low of 1.2723, stays inside 20-pips range since late-Wednesday. EUR/USD stays bid and looks to retest the 1.1600 mark. The dollar weakened in early European trade Thursday, with signs of a recovery in Europe boosting sentiment despite heightened tensions between the U.S. and China. The Dollar Index was down 0.1% at 94.808, just off the four-month low of 94.773 seen earlier.