Jan 22, 2015
A EUR 1.2trn ECB QE program would impress the financial markets - BTMU
Derek Halpenny, European Head of Currency Strategy at the Bank of Tokyo Mitsubishi UFJ, notes that a QE program of EUR 1.2trn by the ECB would boost equities and weaken the euro further, with speculation going around that ECB is planning to implement a EUR 50bn per month program with uncertainty regarding the time-period of the purchases.
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