The European Central Bank’s decision to expand the Pandemic Emergency Purchase Programme (PEPP) by €500 billion to a total of €1,850 billion until the end of March 2022 was not unanimous but had a majority, sources told Reuters on Thursday. “ECB policymakers debated different PEPP package size; €500 billion increase was around the mid-point of numbers on the table,” sources added. “Policymakers were in agreement on the length of the PEPP extension, a 12-month extension was not discussed.” Market reaction The EUR/USD pair’s reaction to this headline was largely muted and the EUR/USD pair was last seen gaining 0.38% on the day at 1.2127. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD advances to fresh multi-year highs above 0.7500 FX Street 2 years The European Central Bank's decision to expand the Pandemic Emergency Purchase Programme (PEPP) by €500 billion to a total of €1,850 billion until the end of March 2022 was not unanimous but had a majority, sources told Reuters on Thursday. "ECB policymakers debated different PEPP package size; €500 billion increase was around the mid-point of numbers on the table," sources added. "Policymakers were in agreement on the length of the PEPP extension, a 12-month extension was not discussed." Market reaction The EUR/USD pair's reaction to this headline was largely muted and the EUR/USD pair was last seen gaining 0.38% on the day at… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
