Gaurav Garg, FX Strategist, Citi:

The “unlimited” bond buying program from ECB has alleviated the immediate market fear of contagion from any potential escalation of worries in peripheral Europe. The move coupled with further easing from the FED should boost inflows in equities, fixed income and commodities across markets. The inflows in Asian economies should be supportive for the currencies but it would be difficult for Asian currencies to appreciate aggressively in our view.