Euro quickly higher

Bloomberg reports that policymakers anticipate holding a pivotal discussion that could conclude with an announcement on when they intend to stop buying bonds. They cite eurozone officials familiar.

The general consensus is that officials would wait beyond the June 14 meeting to deliver a signal on the program wind down. It's currently slated to continue through September with most market watchers expecting continued purchases until year end as they are tapered.

"It's possible nothing will materialize" the report says.