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 of quantitative easing, and may do so in steps of 10 billion euros ($11.2 billion) a month, according to euro-zone central-bank officials.”

The ECB wrote to Bloomberg in an emailed statement: “The Governing Council has not discussed these topics, as President Mario Draghi said at the last press conference and during his recent testimony at the European Parliament.”

Check out the full report at Bloomberg.

As for the rest of the world, here's the scoreboard as of 12:03 p.m. ET.

    The US dollar index is up 0.3% at 95.95. The greenback's appreciation follows comments by Cleveland Fed president Loretta Mester, who said: "We have to be a little pre-emptive in making sure that we're moving the interest rate up so that we can keep the expansion sustained." However, Marc Chandler, the global head of currency strategy at Brown Brothers Harriman noted, "We are sympathetic to her arguments, but we cannot follow her in claiming a rate hike is compelling in November."

    The British pound is down 0.7% at 1.2752 against the dollar - a new 31-year low. It also slid to a five-year low against the euro. Sterling hit an intraday low of $1.2740 on Tuesday morning. That surpasses the post-referendum low of $1.2798 reached on the day after the vote, which was the lowest level seen since the mid-1980s. The Australian dollar is down by 0.5% at .7641 per dollar after the Reserve Bank of Australia kept rates unchanged at 1.50%, as expected. The Indian rupee is little changed at 66.512 per dollar after the Reserve Bank of India unexpectedly cut its repo rate by 25 basis points to 6.25% in the first meeting post-Raghuram Rajan. The Japanese yen is down by 1.0% at 102.72. Notably, as Chandler pointed out, the dollar has now appreciated against the yen for six straight days. The Russian ruble is down by 0.4% at 62.5381 per dollar after data showed the Russian inflation dipped to its lowest level since February 2014.