The European Central Bank (ECB) board of governors debated Thursday an extension of 500 billion to 750 billion euros to the emergency pandemic purchasing program (PEPP), Reuters reported, citing three sources. .
“Policy makers in a number of countries, including France, Germany and the Netherlands, have argued for a smaller increase in line with market expectations for half a trillion euros,” said the officials. sources at Reuters. In addition, some decision makers have reportedly expressed concern about a possible deviation from the capital key now that the PEPP is expected to last longer.
EUR / USD fell slightly from the multi-month highs it set at 1.1362 and was last seen up 0.75% on the day at 1.1320.