#FedStaysatZeroRates#
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Fed Interest Rate Decision of July 2020 was announced at 2 pm eastern time. Same as what the market expects, fed will keep interest rates in a range between 0%-0.25%. Markets reacted little to the news, with stocks mostly holding earlier gains and government bond yields mixed. At present, the US economy is trying to get recovered from COVID-19. Will the US GDP in the second quarter make another wave tonight?
GBPUSD
Cable has returned to the resistance drown by the two nearest highs and seems that it bounced back. The gap was created on Monday and was not closed yet, so I'm expecting the downside move for the rest of the week. The pair made an amazing 250 rally up, now I think it's the short turn. 1.32 is expec
