khalifacool

The dollar and most other currencies have been stable in quiet early-week trading so far. This came with the main Chinese equity indices posting 2%-plus gains after China's Finance Minister said on Sunday that Beijing would roll out targeted and phased tax and fee cuts and with the PBoC lowering one

EUR/USD has dropped to the levels last seen in April 2017.  The weekly candle indicate the path of least resistance is to the downside.  Short-term oversold conditions suggest scope for a corrective bounce.  EUR/USD breached support at 1.0839 a few minutes before press time and fell to 1.0827, the