ECB Director of General Economics Frank Smets on the wires 11 Oct
- QE recalibration to be gradual and cautious
- inflation still needs mon pol support
Reuters reporting but nothing we didn't already know in essence.
EURUSD a tad lower at 1.1815 but EURGBP still bid around 0.8960 sending GBPUSD down to 1.3183
