According to Reuters, the European Central Bank (ECB) revealed on Monday that it purchased a net 13.17 billion euros of assets last week as part of its quantitative easing program, down from 31.9 billion euros the week before.
“In the week ending July 2, the ECB purchased a net 453 million euros of corporate bonds, up from 174 million euros the week before.”
“In the week to July 2, the ECB purchased a net 43 million euros of assets under Covered Bond Purchase Program 3 compared to 163 million euros the week before.”
“In the week to July 2, the ECB sold a net 2.588 billion euros of assets in its public sector purchase program (QE), compared to 7.613 billion euros the week before.”
“In the week to July 2, the ECB purchased a net 15.734 billion euros of Pandemic Emergency Purchase Programme (PEPP) bonds, compared to 24.313 billion euros the week before.”
“In the week to July 2, the ECB purchased a net 76 million euros of assets under its asset-backed securities purchase program, compared to sales of 363 million euros the week before.”
The EUR/USD pair was last seen trading flat on the day at 1.1862 as this story failed to elicit a market reaction./n
