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.

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