ECB's Director-General Frank Smets who is also counsellor to Draghi
Comments in Handelsblatt being reported by Reuters
- governing council will make fresh assessment of the situation at next meeting
- all options open to ECB
- could adjust scope, make-up and term of bond purchases
Smets not surprisingly shadowing his boss's comments and leaving all options open but no smoke without fire
EURUSD has chewed through the bids at 1.0850 to post 1.0842 amidst general euro-negative sentiment still on the December ECB expectations
