The €1.1 trillion euro injection
Friday, January 23rd, 2015
It has recently been announced that the ECB will take an unprecedented step and inject no less than €1.1 trillion euros into the European economy.
This quantitative easing measure intends to purchase €60 billion euros worth of bonds each month until (at least) September 2016.
This action is seen as being no great surprise to many online Forex investors who have stated that a stagnant European economy required an additional economic stimulus.
Obviously, this will have a rather dramatic effect upon the value of the euro in relation to other currencies.
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