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US: EIA Crude Oil Stocks up 0.56M at Feb-8, unlike 2.400M consensus

A downbeat change in crude oil stocks in the US was revealed for the week ending at February 8. Data only rose by 0.56M, while analysts were expecting 2.400M, close to the figure in the prior week of 2.623M.

Forex: EUR/USD breaks down in US session

After the profit taking drop from 1.3520 peak being supported by the 1.3465/80 area, the EUR/USD finally broke down and retraced all of its daily gains, easing below the opening price of 1.3454. The market is currently trading next to its daily low (1.3438), quoting at 1.3442 as of writing.
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