FX MARKET REPORT 20.08.2020

FX MARKET REPORT 20.08.2020

FX MARKET REPORT 20.08.2020

Daily Commentary
Daily Commentary
FX MARKET REPORT 20.08.2020
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FX MARKET REPORT 20.08.2020

GBP/USD now seen between 1.3000 and 1.3230 – UOB.EUR/USD goes for a  small break above 1.20 for the rest of the year but they think  consolidation around 1.20 is the most likely outcome.  The dollar edged  higher in early European trade Thursday, helped by the Federal Reserve  offering few clues that it intends to take a more dovish approach to  help the U.S. economic recovery in the near future.

GBP/USD now seen between 1.3000 and 1.3230 – UOB.EUR/USD goes for a  small break above 1.20 for the rest of the year but they think  consolidation around 1.20 is the most likely outcome.  The dollar edged  higher in early European trade Thursday, helped by the Federal Reserve  offering few clues that it intends to take…

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