Yesterday, the European Central bank released its monetary policy meeting minutes, discussing the latest decision and its efforts to restore inflation and growth to the Euro Area. The ECB noted that it has two main channels to maintain its accomodative monetary policy, which are namely extending the duration of the current quantitative easing asset purchase program beyond September 2016 or to cut deposit rates further. Expanding the asset purchase program however is viewed as the immediate response amid news that the ECB will be attempting to front load more purhcases ahead of the winter months. It is widely seen that the impact of lower energy prices will continue to keep the Euro Area’s inflation well below the ECB's target rate. The Euro initially weakened on the release to test the lows near 1.1250 before recovering and rebounding to close near 1.1274.