The European Central Bank’s (ECB) policymakers agreed on a target for monthly purchases under the Pandemic Emergency Purchase Programme (PEPP), Reuters reported on Thursday, citing three sources familiar with the matter. According to the sources, the ECB’s PEPP monthly target will be lower than €100 billion but will be well above €60 billion purchased in February. Additionally, ECB policymakers reportedly differ on whether the rise in yields need to be completely unwound. Market reaction The EUR/USD pair edged higher following this headline and was last seen trading at 1.1963, where it was up 0.32% on a daily basis. 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 WTI pushing on towards $66.00 level amid risk on markets FX Street 1 year The European Central Bank's (ECB) policymakers agreed on a target for monthly purchases under the Pandemic Emergency Purchase Programme (PEPP), Reuters reported on Thursday, citing three sources familiar with the matter. According to the sources, the ECB's PEPP monthly target will be lower than €100 billion but will be well above €60 billion purchased in February. Additionally, ECB policymakers reportedly differ on whether the rise in yields need to be completely unwound. Market reaction The EUR/USD pair edged higher following this headline and was last seen trading at 1.1963, where it was up 0.32% on a daily basis. 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.
