If he's trying to send a strong message, saying that the total PEPP envelope will stay the same isn't really all too convincing. Nonetheless, with plenty of ambiguity as to how much so the ECB will pursue quicker and more purchases, they will have more to do in the months ahead in order to pacify the market - as evident already today.
Further Development
Analyzing the current trading chart of EUR, I found that gold is heading towards our downside targets from yesterday and that selling power is still very strong.
Key Levels:
Resistance: 1,1990
Support levels: 1,1875 and 1,1840.