Euro falls on report ECB considers broadening out QE bond buys

European Central Bank policy makers are looking at widening the scope of their bond buying or implementing a two-tier penalty charge on banks that leave cash with the ECB, Reuters reported Wednesday. The moves under consideration include purchases of regional bonds and even buying rebundled loans with a risk of non-payment, Reuters said, citing officials speaking on condition of anonymity. The euro fell 0.4% to $1.0608 on the report. Separately, the ECB gave advance warning Wednesday that it will put its Asset Purchase Program on temporary hold on Dec. 22, and will resume the quantitative......(read more)

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