FXStreet (Guatemala) - Analysts at Scotiabank explained that spot remains relatively contained in a tight range ahead of the ECB policy meeting Thursday. Key Quotes: "The EUR looks modestly better offered, reflecting the bounce in equities and the EUR’s status as a funding vehicle for leveraged/carry trades. The market has looked stalled below 1.10 since December but risks may be tilted a little more to the downside near-term if equities can steady and if ECB President Draghi maintains a dovish bias at Thursday’s policy meeting. Data releases have had little impact on the EUR; German final CPI was unchanged at 0.2% y/y while the January ZEW survey dropped to 10.2 (from 16.1 – but was still above market expectations of 8.0)." For more information, read our latest forex news.