FX MARKET REPORT 01.09.2020

Published: Sept. 1, 2020, 8 a.m.

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GBP/USD clocks in fresh 2020 high above 1.3400, eyes UK/US PMIs, Brexit talks. EUR/USD is trading closer to 1.20, a two-year high. In the long-term, a close above 1.2015 would target 1.2630 the 200-month MA. Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.3% at 91.860, having earlier reached a two-year low of 91.773.

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