ECB QE programme priced into FX market

A disappointment could lead to 1-2% appreciation

ECB in Frankfurt
ECB headquarters

The foreign exchange market has already priced in the effects of the European Central Bank's (ECB) expected quantitative easing (QE) programme on January 22, strategists say, with some anticipating EUR/USD could even appreciate following the announcement.

A favourable legal opinion from the European Court of Justice and the Swiss National Bank's (SNB) decision to abandon its EUR/CHF floor have raised expectations of the ECB announcing the adoption of a QE programme in line with those pursued by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: