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Forex Flash: Yesterday’s FOMC 18 months in the making? – UBS

With the Fed, it really is about keeping the peace, and they did so by deciding outright around 18 months ago that extending stimulus expectations as far out into the future as possible would be the best approach – calendar guidance was first adopted, before being dropped in favor of numerical targets.
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US: EIA Natural Gas Storage down -127B in Feb-15 week

Having fallen -157B in the prior week, natural gas storage dropped -127B more in the week ending at February 15. Analysts were pointing to -119B.
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