The long awaited ECB QE has been delivered. Here are the main details
Full details from the ECB:
ECB announces expanded asset purchase programme
- ECB expands purchases to include bonds issued by euro area central governments, agencies and European institutions
- Combined monthly asset purchases to amount to €60 billion
- Purchases intended to be carried out until at least September 2016
- Programme designed to fulfil price stability mandate
EUR/USD 4hr showing reaction to ECB QE announcement
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