Draghi: ECB didn't discuss QE extension today

Into the Q&A

EURUSD shooting higher as the market thinks that means they are not decided.

• Extraordinary mon pol measures won't last forever
• ECB will look through blips in the data
• ECB needs the path of inflation towards target to be self sustaining
• ECB held a seminar on QE options
• We did not discuss tapering
• Did not discuss intended horizon of asset purchase program

That's put a bit of a pin in the rally.