The European Central Bank would like a moment of your time, if you can tear your eyes away from the recurring carnage in oil markets. The ECB finally got started with its sovereign bond-buying program aimed at bringing the economy back from the brink. As a result, the euro is falling against the US dollar, to levels not seen in some time—enough to get folks chatting about parity between the two (especially vacationers and fashion enthusiasts).
Markets broadly rallied in Europe, though London’s FTSE 100 index couldn’t find any joy in the festivities.
