Reuters sources • Large majority favors extending QE beyond the March deadline at next week's meeting • Policymakers are studying sending signal on eventual end of asset buying, but no tapering announcement coming • Policymakers split on monthly volume of extended purchases, with several options discussed There's a logical disconnect here. If they decide to buy less bonds after March, that is a tapering announcement. Overall, I don't see a trade here. We already knew asset purchases would be extended. The lack of a signal on the end of buying is a bit dovish, so that's mildly negative for EUR. Meanwhile, the ... (full story)