World stock markets have opened higher and the US dollar has fallen as investors digest the announcement from the Federal Reserve that it will pump $600bn (£373bn) into the US economy.
The move was widely expected, although most analysts had predicted a lower figure of $500bn to be injected.
Leading share indexes in London, Paris and Frankfurt were all up more than 1% in morning trading.
The dollar fell against the euro, the pound and the Japanese yen.
The euro bought $1.4138 in Thursday morning European trading, up from $1.4103 in New York late on Wednesday.
The pound climbed to $1.6146 from $1.6107, while against the Japanese currency the dollar slipped to 81.02 yen from 81.29 yen.
On the stock markets, the FTSE 100 rose 102 points to 5,851.
In Paris, the Cac added 74 points to 3,916.95, while Germany's Dax was 92 points higher at 6,710.
Earlier, Asian shares had also closed higher, with Japan's Nikkei index gaining 199 points to finish at 9,359 and Hong Kong's Hang Seng rising 391 points to close at 24,536.
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