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Euro inches higher ahead of ECB decision

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Published Thu, Jan 22, 2015 · 09:50 PM

    London

    THE euro held more than one US cent above 11-year lows on Thursday, ahead of a European Central Bank (ECB) policy meeting expected to launch the outright money-printing the bank has steadfastly avoided since 2008.

    Traders and strategists at the major banks say an extended monthly bond-buying programme, outlined by Reuters and other news services on Wednesday, is fully priced-in to the current value of the euro.

    yeneuroCurrencies

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