EURUSD falls on the Reuters headline
The mention paving the way for more QE, has sent the EURUSD lower. The pair fell back down to the lows for the day at the 1.0706 area. The 1.07000 remains a key support level to get to and through for the bears. The price rebounded quickly back to 1.0725 and settled a bit. Needless to say the markets remain nervous.
ECB examines possible extension of QE purchases to municipal bonds – Sources
