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More Upbeat EC Winter Forecast Narrowly Avoids Recession

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US Gasoline Demand at 8.45mn bpd: GasBuddy

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Commitment of Traders Data from 10 Feb Delayed

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FX OPTION EXPIRY

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Government to Gradually Narrow Oil Discount to Boost Revenues

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Current Account Deficit Widens Beyond Expectations in December

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Opened in Asia at the low side of.......>

EURO-DOLLAR
EURO-DOLLAR: Opened in Asia at the low side of yesterday's $1.1772 to $0.1815
range, where US dollar strength has been the main theme, helped along by reports
the Trump administration is readying an infrastructure plan for release sometime
in January. Local traders expect consolidation in Asia with a mild downside
bias, encouraged by the weak close in NY. Key support is located at $1.1758, the
level holds both the 50-dma and 50% fib retracement $1.1554-$1.1961 move, while
hourly resistance is found at $1.1815. Euro-dollar was last at $1.1773.
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