The euro jumped after a report of ECB taper talks

The euro just jumped into the green after a report of ECB taper talks.
The currency shot up to 1.1229 against the dollar —0.2% up — around 11:52 a.m. ET.
It retraced some of its gains minutes later, and is down by 0.1% at 1.1197 against the dollar at 12:04 p.m. ET.
The move follows a Bloomberg report from Jana Randow, Alessandro Speciale and Jeff Black that the European Central Bank will "probably gradually wind down bond purchases before the conclusion