China, Greece and the price of oil have been the three most discussed events this week in the forex market. The People’s Bank of China (PBOC) announced a cut in the reserve ratio for Chinese financial institutions, which boosted global stock markets as the central bank aims the move to spur growth in the slowing economy. Greek debt talks continue as the deadline approaches. There has been a lot of back and forth between lenders and Greek authorities with very little in terms of a way to reach a viable agreement. The government of Greece has already ordered all local governments to transfers deposit reserves at the ... (full story)