Dollar will pull the plug

US sanctions against China will make capitals flow out from Hong Kong, which is a kind of gateway to the Chinese stock market

The EUR/USD bulls have drawn the price above the top of figure 10 encouraged by the EC willingness to issue €750 billion of bonds, and their opponents haven’t been supported even by US weak domestic data. The US GDP drop in the January-March period turned out to be deeper on a quarterly basis (-5%) than it was previously expected (-4.8%). The number of jobless claims over 10 weeks exceeded 40 million. However, the past is in the past. The…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>