Earlier from the European Central Bank: ECB announces a new coronavirus pandemic response, EUR750bn purchase program

EUR surged in the minutes following too highs around 1.0980 but has subsequently given this all back. The rise came at nearly the most illiquid time of the 24 hour forex cycle, moves during this time can be exacerbated. Viewed this way the pop for EUR was not large.

Earlier from the European Central Bank: ECB announces a new coronavirus pandemic response, EUR750bn purchase program