European stocks rallied Thursday on the ECB's announcement it will inject over 1.0 trillion euros of stimulus into the stagnant eurozone economy, while the euro sank against the dollar.
Stock brokers work at the stock exchange in Frankfurt am Main, central Germany on March 14, 2014
The pledge by European Central Bank chief Mario Draghi to buy 60 billion euros ($69 billion) of bonds per month exceeded market expectations that the monthly pace of the quantitative easing, or QE programme of asset-purchases would be 50 billion euros.