Sankei News reported on the matter
The report says that the state of emergency, due to run through to 7 February, is to be extended for another month. Adding that the government is expected to make the announce next week on 2 February.

Reuters reports, citing sources familiar with discussions
– Rate cut talk has been marginal in policy discussions
– ECB focusing on financing conditions, lending rates in policy decisions
I think this was plain to see for most people as the ECB themselves have emphasised that they will if need be, tweak PEPP rather than pursue other policy alternatives

The dollar is leading gains in trading so far today
The is helping with the dollar push today, as the pair now nears a test of 105.00 with eyes on the 200-day moving average @ 105.62.