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PBOC to fine-tune policy to ensure ample liquidity - Reuters

Reuters reported key headlines from the People’s Bank of China (PBOC) late-Wednesday, citing that the Chinese central bank is looking to fine-tune monetary policy in a “pre-emptive” way to ensure liquidity is reasonably ample.

The measure likely to be adopted by the PBOC is mainly to counter the ongoing trade tensions that have stiffened economic headwinds.

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The EUR/USD could be in for a big move soon, having spent more 1.5-month in the narrowing price range or pennant pattern. As of writing, the top end
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