Macro Morning: ECB punchbowl
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By Chris Becker
Another epic night in moves across the currency complex, with the ECB finally pulling a trigger on a trillion dollar balance sheet blowout, sending the already weak Euro down over 130 pips lower at a new 2 year low:

The BOE kept their powder dry but that didn’t stop another sell off this time in cable as the UK PMI disappointed and King Dollar rose again to the throne. GBPUSD was smashed, but smoothly through the 159 and 158 handles before settling at 1.5830 this morning:

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