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ECB minutes and oil inventories to shape the next moves

Yohay Elam
Updated:

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

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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