So says Ralph Weidenfeller, head of Eurozone bond markets section at ECB

  • at the moment ECB purchases for Sept and Oct have been for €63bln
  • will end up "somewhere in the ball park" for Nov
  • ECB not seeing constraints in asset buying volume
  • was only short of €60bln monthly amount in Aug and catered to by frontloading

The fact belies the headline. ECB frontloading is no great surprise

Euro unfazed by the story

  • exchange rate environment is supporting the economic recovery
  • funding conditions have improved
  • global economic environment has recently worsened quite a bit, coming from EM this time around

Weidenfeller is speaking on a panel at a forum in Germany.

Bloomberg reporting