EUR/USD smashed down to 1.1568 from 1.1634
- Purchases would be focused on sovereign bonds and would not start before March
Bloomberg cite two ECB officials who have seen the docs
So that’s around just over €1tn over 21/22 months
We’re in rumour city here but that gives us a clue of the reaction if it’s confirmed tomorrow. At the moment we’re bouncing back from the drop and are back to 1.1615