This report from Bloomberg caused a quick drop in the euro: European Central Bank Governing Council expects to consider proposal for broad-based asset program including sovereign debt next month, two euro-area central-bank officials familiar with deliberations said. So much for wait-and-see. • Package envisioned to include all kinds of bonds, no equities • No decision on implementation yet • Composition of package may be influenced by incoming data • Officials asked not to be identified The part about implementation has sparked a bit of a retracement after a fall down to 1.2367. But would they really prepare all ... (full story)