ECB minutes and oil inventories to shape the next moves

The mood remains slightly positive after a balanced FOMC minutes release and a stabilization in the price of oil at higher levels. The mood will be tested by crude oil inventories and various US releases such as weekly jobless claims that surprised last week. The ECB’s meeting minutes will hopefully take EUR/USD out of the very narrow range it is entrenched in.

Wrap up of the morning show for February 18th 2016

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