United States EIA Crude Oil Stocks change came in at 2.62M, above forecasts (-0.78M) in August 15

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EUR/USD ignores CPI as attention turns to FOMC minutes

EUR/USD has managed to hold onto small intraday gains after oscillating sharply between daily highs and lows following the release of US CPI figures.
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GBP/USD retreats further and drops below 1.5650 ahead of Fed minutes

Greenback gained momentum across the board after the opening bell at Wall Street and pushed GBP/USD further to the downside. The pair recently printed a fresh daily low at 1.5635, hitting a new bottom after reaching yesterday levels on top of 1.5700 for the first time in more than a month. The pound is also falling against the euro and the Swiss franc.
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