So says Bloomers reporting a German Faz story

EUR/USD was having a little pre-NFP wander to 1.2380 but had the legs pulled out from under it on this headline. We tipped to 1.2351 and currently reside at 1.2360.

Keep in mind that we’re likely to see some positioning adjustments going into the data today so we may get these little quick skews in prices


  • Faz report that some eCB officials favour a QE program exceeding €1tn
  • Reuters now report that officials discussed over €1tn QE
  • Those in favour pushed for an agreement for such a program at the Jan 22 meeting but say others were opposed (NS Sherlock)

FAZ cited a “Eurosystem” insider