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For seven consecutive trading sessions, the EUR/USD pair is trading in the range of a declining channel driven by the strong demand the US dollar after the recent Federal Reserve Bank decisions that stimulate the American economy in the face of a possible economic recession.

The US dollar has been all over the place as of late, especially against the Japanese yen.

EUR/USD: ECB Stimulus

The S&P 500 has broken down during the trading session on Wednesday, slicing through the 2400 level and even the 2300 level.

While the cryptocurrency market remains under stress due to the outflow of institutional capital, the LTC/USD presents patient traders with an excellent opportunity.

In recent days the major global central banks have been attempting to take action against the effects of the spread of the coronavirus, which is currently disrupting the day-to-day life

Last week, gold futures had the biggest weekly loss since September 2011, losing around 9.6 percent.

Oil futures have been falling since last Wednesday as Brent futures plummeted by 13.08 percent and Western Texas Intermediate oil futures dropped 12.8 percent.

The Euro has been rallying against the dollar since February 21, closing Tuesday's session with a 0.38 percent gain, and adding around 3.58 percent during the past two weeks.

The Mexican peso has been going through a rough patch since the end of the third week of February.