Fed to buy an additional $750 bln in Agencies, Mortgages and $300 bln Treasuries

Crank up the printing press, the Fed is all-in on QE. Look for a knee-jerk dollar slide.

Here is the statement. The intent is to expand dramatically the Fed’s balance sheet.

There was no sign of the 1.32 level in EUR/USD as prices reached 1.33 without a pause. 1.3325 resistance has been overshot so far.