FX MARKET REPORT 10.07.2020

FX MARKET REPORT 10.07.2020

FX MARKET REPORT 10.07.2020

Daily Commentary
FX MARKET REPORT 10.07.2020
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FX MARKET REPORT 10.07.2020

GBP/USD consolidates the downside as the cable was capped by the  1.263/93 resistance. The single currency has come under renewed selling  pressure in the last couple of days, forcing EUR/USD to recede from  multi-week tops around 1.1370 to Friday’s lows near 1.1250. DXY was up  0.3% at 96.915.

GBP/USD consolidates the downside as the cable was capped by the  1.263/93 resistance. The single currency has come under renewed selling  pressure in the last couple of days, forcing EUR/USD to recede from  multi-week tops around 1.1370 to Friday’s lows near 1.1250. DXY was up  0.3% at 96.915.

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