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PBOC’s Zhou: Will maintain prudent monetary policy this year

The Chinese central bank, PBOC, Governor Zhou said in the latest publication released by the central bank that they will maintain prudent monetary policy this year.

Zhou added that they will also maintain appropriate growth in credit and social financing.

US Dollar accelerates the downside below 90.00

The greenback, in terms of the US Dollar Index (DXY), continues to trade on the defensive so far this week, breaking below the key support at the 90.0
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USD/CAD offered near 1.2600, looks to test 1.2550

The offered tone behind the US dollar keeps growing bigger, as we head into the European session, sending the USD/CAD pair back to test the key suppor
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